Rakuten Trade Research Reports
Technical View - Notion Vtec Bhd (NOTION, 0083)
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Publish date: Mon, 20 Apr 2020, 03:52 PM
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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 4.1% or 3.5 sen higher to RM0.895 last Friday.
• Share price has turned bullish as it formed a "V" shape recovery breaking above key moving average lines indicating strong buying interest. Chart-wise, it is likely to head towards RM1.00 level.
• As such, resistance levels are seen at RM1.00 (R1) and further to RM1.15 (R2)
• Conversely, support levels are expected at RM0.78 (S1) and RM0.64 (S2).
Source: Rakuten Research - 20 Apr 2020
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