RHB Retail Research
Technical Analysis - Notion VTEC
Notion VTEC 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. A bullish bias may emerge above the MYR0.70 level, with an exit set below the MYR0.635 threshold. Towards the upside, the immediate resistance is at MYR0.80. This is followed by the MYR0.93 level.
Source: RHB Securities Research - 15 Aug 2018
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