Rakuten Trade Research Reports

Technical View - Notion Vtec Bhd (NOTION, 0083)

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Publish date: Tue, 14 Jan 2020, 11:44 AM
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Notion Vtec Bhd (0083)

• NOTION closed 4.7% or 4.5 sen higher to RM0.995 yesterday.

• Chart-wise, share price has been on bullish uptrend since Oct 2019 and continues to trade above all key moving averages. Should there be follow through buying, price may retest recent high of RM1.06

• From here, resistance levels are expected at RM1.06 (R1) and further to RM1.10 (R2).

• On the flip side, downside support levels can be expected at RM0.90 (S1) and RM0.83 (S2).

Source: Rakuten Research - 14 Jan 2020

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