Rakuten Trade Research Reports

Technical View - VSTECS Bhd

rakutentrade
Publish date: Thu, 03 Jun 2021, 10:25 AM
rakutentrade
0 2,165
An official blog in I3investor to publish research reports provided by Rakuten Trade research team.

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 (VSTECS, 5162)

• VSTECS rose 4.3% or 12 sen to RM2.90 yesterday.

• VSTECS broke the resistance level of RM2.87 yesterday underpinned by higher trading volume. Share price has been trending upward, above the upward sloping moving averages lines. With yesterday’s positive breakout, buying momentum is expected to persist.

• Resistance levels are expected at RM3.05 (R1) and next at RM3.20 (R2).

• Conversely, support levels are seen at RM2.76 (S1) and RM2.68 (S2)

Source: Rakuten Research - 3 Jun 2021

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment