VisDynamics’ buying momentum may have returned after recently rising above the 21-day SMA line. This close has sent the stock to its highest close in more than a month, thereby enhancing the positive sentiment. A bullish bias may appear above the MYR0.375 level, with an exit set below the MYR0.33 threshold. Towards the upside, the near-term resistance is at MYR0.42. This is followed by the MYR0.455 level.
Source: RHB Securities Research - 5 Jul 2019
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Created by rhboskres | Aug 26, 2024