• NOTION closed 14.2% or 8 sen lower to RM0.485 yesterday.
• Share price has fallen 65% from the high of RM1.38 to current level. Technical indicators are flashing heavily oversold signals and is likely due for a technical rebound on bargain hunting activities.
• From here, resistance levels are expected at RM0.60 (R1) and further to RM0.68 (R2).
• On the flipside, support levels are identified at RM0.41 (S1) and RM0.35 (S2).
Source: Rakuten Research - 24 Mar 2020
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Created by rakutentrade | Aug 23, 2024