RHB Retail Research
Technical Analysis - D’Nonce Technology
D’Nonce Technology may move higher after it continued holding above the MYR0.425 support. As the stock has recorded a new 52-week high, the positive sentiment has been enhanced. A bullish bias may appear above the MYR0.45 level, with an exit set below the MYR0.425 threshold. Towards the upside, the near-term resistance is at MYR0.50. This is followed by the MYR0.55 level.
Source: RHB Securities Research - 9 Nov 2018
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