RHB Retail Research

Technical Analysis - V.S. Industry

rhboskres
Publish date: Thu, 04 Oct 2018, 03:43 PM
rhboskres
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RHB Retail Research

V.S. Industry was testing the MYR1.80 level in its latest session. A bullish bias may be present above this point with a target price of MYR1.90, followed by MYR2.00. The stock may take a breather if it cannot breach above the MYR1.80 threshold decisively in the near term. Support may be found at MYR1.61, where traders can exit upon a breach to limit the downside risk.

Source: RHB Securities Research - 4 Oct 2018

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