VisDynamics may rise higher after forming a white candle and leaving an upside gap. Yesterday’s candle sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR0.67 level, with an exit set below the MYR0.615 threshold. Towards the upside, the immediate resistance is at MYR0.775. This is followed by the MYR0.80 level.
Source: RHB Securities Research - 24 Jan 2020
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Created by rhboskres | Aug 26, 2024