RHB Investment Research Reports

Trading Stocks - VS Industry

rhbinvest
Publish date: Tue, 19 Mar 2024, 10:41 AM
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VS Industry is set for an uptrend reversal after undergoing a technical rebound above the immediate resistance level of MYR0.78 yesterday, on a surge in trading volume. The bullish momentum above that level may see the stock trending upwards further towards the YTD high of MYR0.83, followed by the next resistance mark of MYR0.90. On the other hand, breaching below the MYR0.74 support would increase the risk of a correction.

Source: RHB Securities Research - 19 Mar 2024

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