Datasonic Group Bhd

• Share price closed 1.1% higher at RM0.46 on Monday.

• DSONIC finally rebounded from its support level of RM0.45 despite trading volume is seen to be rather thin recently. Nevertheless, indicators are showing uptick momentum, therefore share price might go higher.

• Resistance levels are identified at RM0.475 (R1) and RM0.50 (R2).

• On the flipside, support levels are pegged at RM0.45 (S1) and RM0.445 (S2).

Source: Rakuten Research - 7 Mar 2023

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