Notion VTEC formed a long white candle, indicating that the buying momentum could be strong. This close has sent the stock to its highest close in more than four months, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.635 level, with an exit set below the MYR0.555 threshold. To the upside, the near-term resistance is at MYR0.71. This is followed by the MYR0.745 level.
Source: RHB Securities Research - 8 Aug 2018
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Created by rhboskres | Aug 26, 2024