Rakuten Trade Research Reports
Technical View - VSTECS Bhd (VSTECS, 5162)
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Publish date: Mon, 29 Jun 2020, 10:52 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
VSTECS Bhd (5162)
• VSTECS closed 2.0% or 3 sen higher to RM1.52 yesterday.
• Recent trading activities indicates positive buying on the back of higher-than-average trading volume. Meanwhile, momentum indicators are displaying positive signs and coupled with bullish MACD, share price is likely to move higher.
• From here, resistance levels are expected at RM1.67 (R1) and RM1.75 (R2).
• On the contrary, support levels are identified at RM1.44 (S1) and RM1.30 (S2).
Source: Rakuten Research - 29 Jun 2020
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