RHB Retail Research
Technical Analysis - Notion VTEC
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Notion VTEC may rebound higher after it continued holding above the MYR0.52 support. Given that the stock has breached above the downtrend line drawn in the chart, this indicates a positive sign. A bullish bias may emerge above the MYR0.585 level, with an exit set below the MYR0.52 threshold. Towards the upside, the immediate resistance is at MYR0.635. This is followed by the MYR0.695 level.
Source: RHB Securities Research - 3 Aug 2018
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