OAurthor

RESINTECH BHD OUTLOOK 21/04/2022

MYX:RESINTC   RESINTECH BHD
RESINTECH BHD :-
After a continue uptrend movement now this counter is expected to shoot up to a point 1.19 and recently break the resistance of 1.130 and is indicating to move up and if breaks the next resistance of 1.190 then can make a new high of 1.220.
It is making a candle chart formation of breakout pullback formation and the entry point is 1.100.

Resistance:- 1.130,1.190.
Support:- 1.040,0.960

The Relative Strength Index (RSI) :- 59.49

Can be a good option for a Long Term Buying.

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