RHB Retail Research
Technical Analysis - V.S. Industry
V.S. Industry may rebound higher after it continued holding above the MYR1.50 support. As the stock rose above the 21- day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR1.57 level, with an exit set below the MYR1.50 threshold. Towards the upside, the near-term resistance is at MYR1.72. This is followed by the MYR1.80 level.
Source: RHB Securities Research - 26 Sept 2018
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