Sunday, June 30, 2019

Technical Analysis June 2019: DSONIC (5216)



DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) forming descending triangle pattern.

Will it breakout RM0.575 strong resistance level ?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM0.575 level.
Subsequent resistance @ RM0.60 level.

Immediate support @ RM0.525 level.
Subsequent support @ RM0.435 level.

Let's watch closely.

0 comments:

Post a Comment