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PublicInvest Research

Author: PublicInvest   |   Latest post: Fri, 19 Apr 2024, 10:32 AM

 

Technical Buy - DATAPRP (8338)

Author:   |    Publish date:


  • Target Price: RM0.350, RM0.375
  • Last closing price: RM0.310
  • Potential return: 12.9%, 20.9%
  • Support: RM0.310
  • Stop Loss: RM0.270

Possible for further recovery. DATAPRP is potentially staging a breakout from its congestion phase, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.350 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.375.

However, failure to hold on to support level of RM0.310 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 15 Mar 2022

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Labels: DATAPRP

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Chart Stock Name Last Change Volume 
DATAPRP 0.12 0.00 (0.00%) 1,714,400 

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