RHB Retail Research
Trading Stocks - VS Industry
VS Industry crossed above both the MYR1.05 resistance mark and the 30-day SMA line in the latest session – extending its rebound after it tested the MYR1.00 support recently. A bullish bias may emerge above MYR1.05 – with a stop-loss placed below the same level. Towards the upside, the immediate resistance is expected at MYR1.13, followed by MYR1.18.
Source: RHB Securities Research - 19 Jun 2019
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