Rakuten Trade Research Reports
Technical View - Notion Vtec Bhd (NOTION, 0083)
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Publish date: Tue, 24 Mar 2020, 11:15 AM
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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
Notion Vtec Bhd (0083)
• 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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