Rakuten Trade Research Reports

Technical View - V.S. Industry Bhd - •

Publish date: Fri, 17 Jun 2022, 12:39 PM
0 1,044
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/

Rakuten Trade

Hotline: 1800 88 6011 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my

V.S. Industry Bhd (VS, 6963)

• Share price closed 4% higher at RM1.05 on Thursday.

• VS share price managed to trade above the intersection of MA20 and MA50 recently. There is also higher trading volume seen yesterday signalling bargain hunting activities.

• Backed by upticks in its RSI indicator and MACD bullish signal, its share price is expected to move higher.

• Resistance levels are identified at RM1.07 (R1) and RM1.13 (R2).

• On the flipside, support levels are pegged at RM1.03 (S1) and RM0.995 (S2).

Source: Rakuten Research - 17 Jun 2022

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

Post a Comment