RHB Retail Research
Technical Analysis - ViTrox Corporation
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ViTrox Corporation may rebound further after it tested MYR5.40 support in recent trades. The buying momentum may have returned after the stock climbed above the downtrend line drawn in the chart. A bullish bias may appear above the MYR5.66 level, with an exit set below the MYR5.40 threshold. Towards the upside, the near-term resistance is at MYR6.20. This is followed by the MYR6.50 level.
Source: RHB Securities Research - 24 Jul 2018
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