Rakuten Trade Research Reports
Technical View - V.S. Industry Bhd (VS, 6963)
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Publish date: Fri, 12 Jul 2019, 09:32 AM
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All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/
To sign up for an account: http://bit.ly/40BNqKI
Rakuten Trade
Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my
V.S. Industry Bhd (6963)
- VS gained 2.5% or 3 sen to RM1.22 yesterday.
- Share price crossed above the key 200-day simple moving average yesterday on the back of higher-than-average trading volume. The positive crossing could suggest continuation of share price rally, potentially paving the way to trend higher.
- Resistance levels are found at RM1.32 (R1) and further to RM1.52 (R2).
- On the contrary, support levels are expected at RM1.09 (S1) and RM0.95 (S2).
Source: Rakuten Research - 12 Jul 2019
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