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RHB Retail Research

Author: rhboskres   |   Latest post: Tue, 14 May 2019, 11:01 AM

 

Trading Stocks: ViTrox Corporation

Author:   |    Publish date:


ViTrox tested the MYR7.04 level lately. A bullish bias may be present above this point with a target price of MYR7.60, followed by MYR8.00. The stock may consolidate further if it cannot breach above the MYR7.04 threshold in the coming sessions. Support may be found at MYR6.50, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 1 Mar 2019

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Labels: VITROX

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