RHB Retail Research
Trading Stocks - ViTrox Corporation
ViTrox Corp may rebound higher after it continued holding above the MYR8.80 support. As the 21-day SMA line is likely to turn higher, this has enhanced the upward momentum. A positive bias may emerge above the MYR9.20 level, with an exit set below the MYR8.80 threshold. Towards the upside, the immediate resistance is at MYR10. This is followed by the MYR11 level.
Source: RHB Securities Research - 6 Feb 2020
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