RHB Retail Research
Trading Stocks - ViTrox Corporation
ViTrox Corporation formed a long white candle – an indication of strong buying momentum. As the stock rose above the 21- day SMA line, this indicates a positive sign. A bullish bias may appear above the MYR7.10 level, with an exit set below the MYR6.80 threshold. Towards the upside, the near-term resistance is at MYR7.60. This is followed by the MYR8.00 level
Source: RHB Securities Research - 29 May 2019
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