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DSONIC (5216) - Technical Analysis Aug 2016: DSONIC (5216)


DSONIC (5216) - 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


Let's watch closely.

DSONIC (5216) - Technical Analysis Aug 2016: DSONIC (5216)
http://www.stocktalk2u.com/2016/08/technical-analysis-aug-2016-dsonic-5216.html