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AmInvest Research Reports

Author: AmInvest   |   Latest post: Mon, 27 May 2019, 2:42 PM

 

Stocks on Radar - ViTrox Corporation (0097)

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ViTrox Corporation crossed above the RM7.04 level during its latest session. With a rising RSI level, it may move higher above this mark with a target price of RM7.75. Meanwhile, it may continue to drift sideways if it dips back below the RM7.04 mark in the near term. In this case, support is anticipated at RM6.56, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on further rebound above RM7.04

Target: RM7.75 (time frame: 3-6 weeks)

Exit: RM6.56

Source: AmInvest Research - 5 Mar 2019

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Labels: VITROX

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