Datasonic Group is set to continue its uptrend after it bounced higher and broke above the MYR0.47 immediate resistance on strong trading volume – printing a “higher high” bullish pattern. With that, the bulls are expected to climb towards the next resistance level of MYR0.49, followed by MYR0.51. Conversely, falling below the MYR0.445 support will trigger selling pressure and reverse the momentum, thereby sparking a downtrend.

Source: RHB Securities Research - 8 Feb 2022