RHB Retail Research
Technical Analysis - VisDynamics
VisDynamics
VisDynamics formed a long white candle, indicating that the momentum of buying could be strong. With the 21-day SMA line edging upwards, this also implies a positive outlook sentiment. A bullish bias may emerge above the MYR0.50 level, with an exit set below the MYR0.435 threshold. Towards the upside, the immediate resistance is at MYR0.60. This is followed by the MYR0.685 level.
Source: RHB Securities Research - 5 Jul 2018
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