Long

DSONIC-WA - undervalued company with 90% potential

Updated
Breaking resistance of 0.485, slightly above EMA50



This is my long term holding counter due to the fact fo its business while still very undervalued at this point of time.
DSONIC also now ventures into e-payment: e-KYC & fintech solutions.
Note that this is on top of the other main business providing service to the government.

Solid fundamental company DSONIC is..
Note
Kindly note that this warrant will expire in 05 Jul 2023.

Long way to go but to make sure you'll be out by then. :)
Trade active
Since now the price moves at major support uptrendline. Maybe its also good to buy and ride along the trend with minor risk of cutting loss
Note
Recent news that DSONIC participated in bidding round of the immigration system. DSONIC was forecasted as the biggest winner for this project. Bidding deadline will be 6 June 2020 but the rally has started.
Trend Analysis

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