• NOTION ended 1.7% or 2 sen higher to RM1.22 yesterday.
• Technically, share price uptrend remains intact as it is trading above all key moving averages. Recent buying activities also suggest consistent buying momentum hence we believe share price could move higher.
• As such, resistance levels are seen at RM1.30 (R1) and further to RM1.38 (R2).
• On the contrary, downside support levels are expected at RM1.16 (S1) and RM1.03 (S2).
Source: Rakuten Research - 26 Feb 2020
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Created by rakutentrade | Aug 23, 2024