V.S. Industry

V.S. Industry may move higher after it tested the MYR1.50 support recently. As the stock marked a higher close vis-à-vis the previous session, this indicates a positive sign. A bullish bias may appear above the MYR1.50 level, with an exit set below the MYR1.50 threshold. Towards the upside, the near term resistance is at MYR1.64. This is followed by the MYR1.73 level.

Source: RHB Securities Research - 12 Sept 2018