Datasonic Group was testing the resistance level RM0.46 during its intraday high. With a neutral RSI level, it may move higher above this mark with a target price of RM0.495, followed by RM0.525. Meanwhile, it may drift sideways if it fails to cross the RM0.46 level in the near term. In this case, support is anticipated at RM0.43, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy upon breakout above RM0.46

Target: RM0.495, RM0.525 (time frame: 3-6 weeks)

Exit: RM0.43

Source: AmInvest Research - 7 Jun 2019