Visdynamics may climb higher after forming a white candle and hitting its highest close in more than two months. This upward momentum is likely to continue, given that it has posted a third consecutive white candle. A bullish bias may emerge above the MYR0.445 level, with an exit set below the MYR0.37 threshold. Towards the upside, the immediate resistance is at MYR0.52. This is followed by the MYR0.60 level.
Source: RHB Securities Research - 20 Jun 2018
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Created by rhboskres | Aug 26, 2024