RHB Retail Research
Technical Analysis - VisDynamics
VisDynamics may rise higher after forming a long white candle and leaving an upside gap. Yesterday’s candle can be regarded as a continuation of the rebound that started off 4 Sep’s “Bullish Engulfing” pattern. A bullish bias may emerge above the MYR0.68 level, with an exit set below the MYR0.60 threshold. Towards the upside, the immediate resistance is at MYR0.74. This is followed by the MYR0.80 level.
Source: RHB Securities Research - 25 Sept 2018
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