RHB Investment Research Reports
Trading Stocks - V.S Industry
rhbinvest
Publish date: Fri, 03 Jun 2022, 09:02 AM
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An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
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Kuala Lumpur
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All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
V.S Industry is staging an uptrend rebound after breaching the MYR1.04 level yesterday – forming a “White Marubozu” bullish candlestick. If it manages to sustain above that level, the stock may propel towards the MYR1.11 resistance, then the next resistance at MYR1.18. Conversely, the momentum may reverse if it drops below the MYR0.985 support – negating the “White Marubozu” bullish candlestick.
Source: RHB Securities Research - 3 Jun 2022
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