Rakuten Trade Research Reports
Technical View - Datasonic Group Bhd (DSONIC, 5216)
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Publish date: Mon, 25 Mar 2019, 12:00 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 lsen or 2% higher to RM0.515 last Friday.
- DSONIC continued to close above key moving averages with white candle last Friday signalling improvement in buying interest. We believe DSONIC is at its early stage of rebound and expect share price to rise further.
- As such, resistance levels are expected at RM0.555 (R1) and further to RM0.570 (R2)
- Likewise, support levels are identified at RM0.475 (S1) and RM0.440 (S2).
Source: Rakuten Research - 25 Mar 2019
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