AmInvest Research Reports
Stocks on Radar - Datasonic Group (5216)
AmInvest
Publish date: Wed, 03 Apr 2019, 09:48 AM
AmInvest
0 9,413
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All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
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Friday: 8:45am – 5:00pm
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Datasonic Group may soon test the RM0.545 resistance level. With a healthy RSI level, a bullish bias may be present above this point with a target price of RM0.605, followed by RM0.66. In this case, the immediate support is anticipated at RM0.49, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy on further rebound above RM0.545
Target: RM0.605, RM0.66 (time frame: 3-6 weeks)
Exit: RM0.49
Source: AmInvest Research - 3 Apr 2019
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