Highlights

PublicInvest Research

Author: PublicInvest   |   Latest post: Wed, 19 Jun 2019, 11:29 AM

 

Technical Buy: DNONCE (7114)

Author:   |    Publish date:


  • Target Price: RM0.505, RM0.530
  • Last closing price: RM0.470
  • Potential return: 7.4%, 12.7%
  • Support: RM0.450
  • Stop Loss: RM0.430

Possible for upside. DNONCE is staging a potential recovery from its consolidation phase. Improving RSI and MACD indicators currently signal reasonable entry level, with anticipation of continuous improvement in both momentum and trend in near term. Should resistance level of RM0.485 be genuinely broken, it may continue to lift price higher to subsequent resistance levels of RM0.505 and RM0.530.

However, failure to hold on to support level of RM0.450 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 24 May 2019

Share this
Labels: DNONCE

Related Stocks

Chart Stock Name Last Change Volume 
DNONCE 0.465 +0.015 (3.33%) 138,700 

  Be the first to like this.
 


 

370  303  536  658 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 EKOVEST 0.845+0.005 
 IWCITY 1.10+0.09 
 HSI-H6Q 0.32-0.095 
 MESTRON 0.16-0.005 
 GREATEC 0.965-0.025 
 HSI-C5J 0.27+0.085 
 HSI-H6N 0.10-0.055 
 ARMADA 0.200.00 
 IMPIANA 0.040.00 
 LAMBO 0.0650.00 
Partners & Brokers