Rakuten Trade Research Reports
Technical View - V.S. Industry Bhd
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Publish date: Tue, 15 Sep 2020, 01:12 PM
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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 closed 6.9% or 13 sen higher to RM2.01 yesterday.
• Chart-wise, past trading sessions shown a strong rebound from the low of RM1.75 level indicating a sustained level of buying momentum on the share price. Additionally, the recent upticks movement in RSI also added encouraging sign on the upward momentum hence share price is likely to trend higher.
• As such, resistance levels are expected at RM2.13 (R1) and RM2.30 (R2).
• Conversely, support levels are seen at RM1.84 (S1) and RM1.60 (S2).
Source: Rakuten Research - 15 Sept 2020
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