RHB Retail Research
Technical Analysis - VisDynamics
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VisDyamics may climb higher after posting a long white candle and leaving an upside gap. With the 21-day SMA line edging upwards, this suggests a likelihood of increasing demand in the near term. A bullish bias may emerge above the MYR0.56 level, with an exit set below the MYR0.455 threshold. Towards the upside, the immediate resistance is at MYR0.635. This is followed by the MYR0.685 level.
Source: RHB Securities Research - 11 Jul 2018
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