VisDynamics’ upside move may persist after it continued holding above the 21-day SMA line. This line has crossed above the 55-day SMA line recently, which has enhanced the buying momentum. A bullish bias may appear above the MYR0.44 level, with an exit set below the MYR0.37 threshold. Towards the upside, the near-term resistance is at MYR0.52. This is followed by the MYR0.56 level. OpenSys was testing the MYR0.28 level in its latest session. A bullish bias may be present above this point, with a target price of MYR0.295, followed by MYR0.31. The stock may consolidate further if it cannot breach above the MYR0.28 threshold in the near term. Support may be found at MYR0.26, where traders can exit upon a breach to minimise the downside risk

Source: RHB Securities Research - 29 Jun 2018