<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 2): AllianceDBS Research said WZSatu Bhd (WZSatu) had on April 30 gapped up to reach a high of 28.5 sen before closing near the day’s low of 26.5 sen (up 1.5 sen or 6.00%).</p></div>

<div class=newsTextDataWrapInner><p>In its evening edition April 30, the research house said WZSatu continued to trade below the 20-day (blue) and 50-day (red) moving average lines.</p></div>

<div class=newsTextDataWrapInner><p>It said the upside gap indicated the urgency to establish stock position.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“Following the weak up close on April 30, the stock is likely to move lower with immediate support at 24.5 sen.</p></div>

<div class=newsTextDataWrapInner><p>“A fall below 24.5 sen should see further price decline to the subsequent support zone, 20 sen – 22 sen.</p></div>

<div class=newsTextDataWrapInner><p>“The hurdle is pegged at 28.5 sen. A rise above 28.5 sen would see the stock gearing towards the next resistance zone, 30 sen – 32 sen,” it said.</p></div>

<div class=newsTextDataWrapInner><p>AllianceDBS Research stock volume traded on April 30 was 10.0 million shares compared to the 3-month average volume of 1.70 million shares.</p></div>


KUALA LUMPUR (May 2): AllianceDBS Research said WZSatu Bhd (WZSatu) had on April 30 gapped up to reach a high of 28.5 sen before closing near the day’s low of 26.5 sen (up 1.5 sen or 6.00%).

In its evening edition April 30, the research house said WZSatu continued to trade below the 20-...

WZSatu gapped up but ended weak, says AllianceDBS Research 

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