Possible for bottom fishing. Without making new low, DNEX’s price is staging recovery from correction 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 RM0.440 be broken, it may continue to lift price higher to subsequent resistance level of RM0.470.
However, failure to hold onto support level of RM0.405 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 16 Mar 2018
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traderman
lol ... technical buy hahahahaha
2018-03-16 09:33