Rakuten Trade Research Reports

Technical View - Daya Materials Bhd (DAYA, 0091)

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Publish date: Fri, 12 Apr 2019, 11:15 AM
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Daya Materials Bhd (0091)

  • DAYA remained unchanged at RM0.01 yesterday.
  • However, yesterday DAYA was the most active stock and see it hit intra-day high of RM0.02. Following the news on the boardroom changes, this could signal potential positive developments ahead.
  • Should the buying momentum continues, we expect the price to head towards RM0.02 (R1) and further to RM0.03 (R2).
  • Likewise, support level is identified at RM0.005 (S1).

Source: Rakuten Research - 12 Apr 2019

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