RHB Investment Research Reports
Trading Stocks - VS Industry
rhbinvest
Publish date: Mon, 21 Aug 2023, 04:26 PM
rhbinvest
0 3,885
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
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
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
VS Industry is attempting to extend its upside movement after climbing above the consolidated resistance zone. The stock has breached above the MYR0.92 resistance, signifying that the consolidation phase has ended. If the momentum sustains, the stock will scale towards the MYR1 mark, followed by MYR1.07. Towards the downside, falling below the MYR0.87 support will negate the bullish setup.
Source: RHB Securities Research - 21 Aug 2023
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