$ISDN (I07.SG)$ With a darker manufacturing outlook in China...

With a darker manufacturing outlook in China, where the company is more heavily exposed than Indonesia, CGS-CIMB analyst William Tng has downgraded his call from "add" to "reduce", along with a lower tp of 0.37, down from 0.61 previously.

Shares closed above the EMA20 with rising volume. The EMA5 is about to cross the EMA20. RSI is constructive and MACD turned positive. Support around 0.435 and resistance around 0.465.