Possible for sideways breakout. VIS-WB is staging a potential breakout from its sideways channel, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.485 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.520. Note that the maturity date of VIS-WB is on 16 Nov 2022.
However, failure to hold on to support level of RM0.400 may indicate weakness in the share price and hence, a cut-loss signal.
Source: PublicInvest Research - 23 Sept 2021
Chart | Stock Name | Last | Change | Volume |
---|
Created by PublicInvest | Mar 21, 2024