RHB Retail Research
Trading Stocks - VisDynamics
VisDynamics formed a long white candle, indicating that the momentum of buying could be strong. Last Friday’s candle sent the stock to its 1-month high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR0.40 level, with an exit set below the MYR0.37 threshold. Towards the upside, the immediate resistance is at MYR0.45. This is followed by the MYR0.48 level.
Source: RHB Securities Research - 23 Dec 2019
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