Rakuten Trade Research Reports
Technical View- V.S. Industry Bhd
rakutentrade
Publish date: Wed, 13 Jan 2021, 06:07 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 ended 5.5% or 13 sen higher to RM2.50 yesterday.
• Share price formed a bullish breakout with higher volume during the second session yesterday. Besides, key indicator is displaying positive sign given the uptick in the momentum indicator, as such we expect the positive move to continue.
• From here, resistance levels are identified at RM2.67 (R1) and RM2.79 (R2) level.
• On the downside, support levels are expected at RM2.30 (S1) and RM2.13 (S2).
Source: Rakuten Research - 13 Jan 2021
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