ViTrox Corp formed a long white candle, indicating that the buying momentum could be strong. Yesterday’s candle has sent the stock to its new 52-week high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR9.40 level, with an exit set below the MYR9.00 threshold. Towards the upside, the immediate resistance is at MYR10.00. This is followed by the MYR11.00 level.

Source: RHB Securities Research - 30 Jan 2020