Sector: Consumer Products & Services/Household Goods

Analysed on 17/10/2021

DPIH is currently trading at RM0.490, price has been supported well by EMA 25/50 for several times which considered a very bullish movement. Price has retraced recently from its peak but is still supported well by neck trendline + EMA 50(around RM0.455). Both EMA25/50 are sloping upwards which indicated a good signal for investors. Investor who is interested can take support level as reference for entry point.

*One of the risks is that FY2022’s first quarter report will be released soon. Investors should be aware of the potential risk.

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NOTT INVEST 

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