RHB Retail Research maintained its 'buy' call on Datasonic Group Bhd at RM1.47, raising its target price (TP) by 61.98% to RM1.96 from RM1.21.
RHB Research's stance is sustained by a 33% upside determined by the updated TP and a circa 2% yield.
In a company update today, RHB Retail Research analyst Lee Meng Horng predicted that Datasonic's FY21-22 bottomline...
Strength in the chart:
1. Mark-up stage with re-accumulation
2. Spring at previous Up-Thrust
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Unlike KRONO which posted quarterly results almost a month ago, DSONIC's results could be coming soon, based on historical Q2 release dates between 24th to 30th Nov.
Similarly, DSONIC 's price had also experienced technical correction, and the drop slowed as price approaches support zone. However, beware of #quarter_results_bomb which might cause volatilty...
Dsonic sangat menarik jika di lihat berdasarkan indicator Bollinger Band (BB). Potensi untuk BB breakout dan surf BB. Breakout level di aras 0.950. Semalam, candle juga telah melepasi middle BB.
