Rakuten Trade Research Reports

Technical View - Datasonic Group Bhd (DSONIC, 5216)

rakutentrade
Publish date: Thu, 27 Jun 2019, 04:51 PM
rakutentrade
0 2,119
An official blog in I3investor to publish research reports provided by Rakuten Trade research team.

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 closed 5.7% or 3 sen higher to RM0.555 yesterday.
  • Share price closed with a white candle on the back of higher-than-average trading volume yesterday. Technical outlook remains positive as share price has broken above the key 200-day simple moving average line, signifying bullish breakout and is likely to continue.
  • As such, resistance levels are expected at RM0.575 (R1) and further to RM0.600 (R2).
  • On the flipside, support levels are found at RM0.490 (S1) and RM0.430 (S2).

Source: Rakuten Research - 27 Jun 2019

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment