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.

Technical Analysis May 2017: DSONIC (5216)

DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) succeed breakout RM1.32 resistance.

How high will it go?

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

Immediate resistance @ RM1.47 level。
Subsequent resistance @ RM1.50 level.

Immediate support @ RM1.32 level.
Subsequent support @ RM1.27 level.

Let's watch closely.

Technical Analysis Aug 2016: DSONIC (5216)

DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) retest RM1.44 resistance.

Will it breakout & go higher ?

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

Immediate resistance @ RM1.44.
If able breakout, subsequent resistance @ RM1.50 & RM1.55 level.

Immediate support @ RM1.40 level.
Subsequent support @ RM1.35 level.

Insider acquired from the open market @ RM1.405

Source: www.bursamalaysia.com

Let's watch closely.

Technical Analysis Aug 2015: DSONIC (5216)

DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) forming descending triangle pattern?

Will it retrace down retest RM1.01 level ?

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

Immediate support @ RM1.12 level.
Subsequent support @ RM1.01 level. (Base line of descending triangle)

Immediate resistance @ descending triangle line.
If able breakout, subsequent resistance @ RM1.40 level.

Let's watch closely.

Technical Analysis June 2014: DSONIC (5216)

DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) forming ascending triangle pattern.

Will it break RM1.94 strong resistance level?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.

Immediate support @ MA20 / MA50 level.
Subsequent support @ MA100 level.

Immediate resistance @ RM1.94 level.
Subsequent resistance @ RM2.42 level.

Let's watch closely.

Technical Analysis Apr 2014: DSONIC (5216)

DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) retrace down from RM4.84 high & retest MA100 support level...

Will it rebound from MA100 level?

Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastic %K still on SELL call.

Immediate support @ MA100 level.
Subsequent support @ MA200 level.

Immediate resistance @ MA50 level.
Subsequent resistance @ MA20 level.

Let's watch closely.

Technical Analysis Sept 2013: DSONIC (5216)

DATASONIC GROUP BERHAD

Observation from Chart:- 
DSONIC breakout the uptrend line, become overbought stage.

Reversal candlestick been formed, will it retrace down retest support?

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

Immediate support @ RM3.44 level.
Subsequent support @ MA20 level.

Let's watch closely.