Rakuten Trade Research Reports
Technical View - V.S. Industry Bhd
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Publish date: Tue, 03 Aug 2021, 04:12 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 (VS, 6963)
• VS finished 6.5% or 9 sen higher to RM1.47 yesterday.
• VS formed a positive breakout from resistance level coupled with higher trading volume yesterday. The renewed buying interested is further supported by encouraging technical indicator with likelihood to propel share price to higher levels.
• Resistance levels are expected at RM1.52 (R1) and next at RM1.57 (R2).
• For downside support, support levels are pegged at RM1.38 (S1) and RM1.34 (S2).
Source: Rakuten Research - 3 Aug 2021
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