RHB Investment Research Reports

Trading Stocks - VS Industry

rhbinvest
Publish date: Mon, 19 May 2025, 03:55 PM
rhbinvest
0 5,229
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

VS Industry is eyeing to extend the rebound, testing the immediate resistance on strong volume. We observed an immediate resistance has formed at the MYR0.92 level. Meanwhile, the 21-day SMA line is pointing upwards, showing the short-term trend is bullish. If the counter breaks past the immediate resistance, it may continue the upside movement towards the MYR1 mark, followed by MYR1.10. However, a pullback below the MYR0.825 support would invalidate the positive expectation and kickstart the correction phase.

Source: RHB Securities Research - 19 May 2025

Related Stocks
Market Buzz
More articles on RHB Investment Research Reports
Trading Stocks - MN Holdings

Jun 13, 2025

MN Holdings is on a bullish breakout, surpassing key resistance levels, indicating potential upward momentum towards MYR1.35 and MYR1.40. Watch for support levels.

Trading Stocks - Hibiscus Petroleum

Jun 13, 2025

Hibiscus Petroleum shows bullish potential after surpassing the 21-day SMA, targeting MYR1.60 resistance. Watch for breakout opportunities and key support levels.

Bermaz Auto - Challenging Year Ahead

Jun 13, 2025

Market research report on Bermaz Auto highlights earnings challenges and competitive pressures, maintaining a NEUTRAL rating with a target price of MYR0.86.

Telecommunications - 1Q25- A Softer Ring

Jun 13, 2025

Explore the latest market research on Malaysian telcos including Telekom Malaysia, CelcomDigi, and Axiata Group, focusing on performance, challenges, and future outlook.

Trading Stocks - Mah Sing Group

Jun 12, 2025

Mah Sing Group shows bullish momentum after breaching MYR1.13 resistance, indicating potential growth towards MYR1.21 and MYR1.30. Monitor support levels for risk management.

Trading Stocks - Time dotCom

Jun 12, 2025

Time dotCom shows bullish momentum with increased trading volume, closing above the 21-day SMA. Key resistance and support levels are critical for future price movements.

Binastra Corporation - Secures Job With a New Client In Klang Valley; BUY

Jun 12, 2025

Binastra Corporation maintains a BUY rating with a target price of MYR2.21, driven by new contracts and a strong orderbook, despite some job replenishment risks.

VS Industry - On a Recovery Path; Stay BUY

Jun 12, 2025

Market research report on <b>VS Industry</b> and <b>SKP Resources</b> with insights on earnings, target prices, and market outlook in KLSE Malaysia.

REITs - Question Marks From Expanded SST; Still O/W

Jun 12, 2025

Market research report on M-REITs in Malaysia, highlighting the impact of the new SST on leasing income and the preference for industrial REITs.

Real Estate - Impact Of SST Should Be Manageable; Keep O/W

Jun 12, 2025

Market research report on KLSE Malaysia highlights the impact of SST on developers like Sime Darby Property and Sunway, with a focus on industrial property demand.

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment