Dayang Enterprise Holdings Bhd (5141) 

• DAYANG closed 3 sen or 2.2% higher to RM1.41 yesterday.
• Following the recent sell down, share price rebounded yesterday signalling the reversal of bearish tone with some buying activities. As such, we believe the sell down is likely over and expect the buying interest to gather momentum with further rebound insight
• From here, resistance levels are expected at RM1.59 (R1) and further to RM1.75 (R2)
• Conversely, support levels can be found at RM 1.29 (S1) and RM1.23 (S2).

Source: Rakuten Research - 21 Mar 2019