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AmInvest Research Reports

Author: AmInvest   |   Latest post: Tue, 27 Jul 2021, 9:36 AM

 

Stocks on Radar - D’nonce Technology (7114)

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D’nonce Technology jumped and tested the RM0.485 resistance level. With its RSI indicator in an uptrend, coupled with higher trading volume, we see a possibility for a technical breakout. If this happens, we expect it to move towards the short-term target prices of RM0.50 and RM0.515. The downside support is projected at RM0.455. Traders are advised to exit on a breach to avoid further losses.

Trading Call: Buy on breakout RM0.485

Target: RM0.50, RM0.515 (time frame: 2-4 weeks)

Exit: RM0.455
 

Source: AmInvest Research - 18 Jun 2021

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Labels: DNONCE

Related Stocks

Chart Stock Name Last Change Volume 
DNONCE 0.525 0.00 (0.00%) 1,551,300 

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