Rakuten Trade Research Reports
Technical View - DPI Holdings Bhd (DPIH, 0205)
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Publish date: Fri, 04 Jun 2021, 04:49 PM
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Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
DPI Holdings Bhd (DPIH, 0205)
- DPIH ended 7.8% or 4 sen higher to RM0.55 yesterday.
- DPIH formed a resistance breakout at RM0.53 on the back of higher trading volume yesterday. Key indicator MACD turning positive and along with upticks in RSI, there is higher possibility for share price to move higher.
- As such, resistance levels are projected at RM0.635 (R1) and next at RM0.685 (R2).
- Conversely, support levels are seen at RM0.48 (S1) and RM0.46 (S2).
Source: Rakuten Research - 04 Jun 2021
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