Rakuten Trade Research Reports
Technical View - Datasonic Group Bhd (DSONIC, 5216)
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Publish date: Fri, 08 Mar 2019, 03:38 PM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
Datasonic Group Bhd (5216)
- DSONIC gained 1 sen or 2.04% to close at RM0.50 yesterday.
- The share price closed above its 21-day simple moving average yesterday indicating a positive sign of the price movement. Furthermore, yesterday's close also marked the second consecutive white candle of the stock, thereby enhancing the bullish sentiment.
- Resistance levels are found at RM0.535 (R1) and further to RM0.555 (R2).
- Likewise, support levels are expected at RM0.440 (Si) and RM0.425 (S2).
Source: Rakuten Research - 8 Mar 2019
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