ViTrox Corporation

ViTrox may climb higher, RHB Retail Research [Goreng Goreng]

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Publish date: Tue, 22 May 2018, 12:30 PM

KUALA LUMPUR (May 21): RHB Retail Research said ViTrox Corporation Bhd may climb higher after it formed a white candle and breached above the MYR5.80 threshold.

In a trading stocks note today, the research house said this close has sent the stock to its highest close in more than two months, thereby enhancing the positive sentiment.

“A bullish bias may emerge above the RM5.80 level, with an exit set below the RM5.06 threshold.

"Towards the upside, the immediate resistance level is at RM6.50. This is followed by the RM6.88 level,” it said.

 

http://www.theedgemarkets.com/article/vitrox-may-climb-higher-rhb-retail-research

 

 

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