RHB Retail Research

Technical Analysis - ViTrox Corp

rhboskres
Publish date: Mon, 05 Nov 2018, 09:08 AM
rhboskres
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RHB Retail Research

ViTrox Corp may rebound higher after it continued to hold above the MYR6.95 support. Last Friday’s white candle sent the stock to its 1-week high, thereby enhancing the bullish sentiment. A bullish bias may appear above the MYR7.40 level, with an exit set below the MYR6.95 threshold. Towards the upside, the near-term resistance is at MYR8.10. This is followed by the MYR8.52 level.

Source: RHB Securities Research - 5 Nov 2018

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