Possible for further recovery. NOTION-WC is potentially picking up from its prior uptrend, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.200 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.220. Note that the maturity date of NOTION WC is on 14 March 2023.
However, failure to hold on to support level of RM0.160 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 21 Jan 2022
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Created by PublicInvest | Apr 22, 2024