RHB Retail Research
Trading Stocks - Datasonic
Datasonic has been trading in a consolidation phase over the past four sessions – below the 21-day SMA line, and following its prior rebound. An upside breach of the MYR0.53 resistance may see the stock swinging towards the MYR0.55 and MYR0.58 resistance points. This forecast would be void if the MYR0.515 support fails to hold.
Source: RHB Securities Research - 19 Jan 2021
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