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Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Tue, 13 Oct 2020, 9:56 AM

 

Technical View - Notion Vtec Bhd (NOTION, 0083)

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Notion Vtec Bhd (0083)

• NOTION gained 12.5 sen or 13.4% to RM1.06 last Friday.

• Chart-wise, key indicators are flashing oversold signals following the heavy sell down from its peak of RM2.34. Last Friday’s strong rebound on the back of higher volume indicates renewed buying interest on the stock and is attempting bullish breakout and likely to see it retest its recent high.

• From here, resistance levels are expected at RM1.30 (R1) and RM1.49 (R2).

• Likewise, support levels are seen at RM0.995 (S1) and RM0.76 (S2).

 

Source: Rakuten Research - 14 Sept 2020

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Labels: NOTION

Related Stocks

Chart Stock Name Last Change Volume 
NOTION 1.14 0.00 (0.00%) 4,428,400 

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