RHB Retail Research
Trading Stocks - VisDynamics
VisDynamics’ buying momentum may have returned after it rose above the 21-day SMA line. Yesterday’s white candle has engulfed the prior one to form a “Bullish Engulfing” pattern, implying a potential rebound. A positive bias may emerge above the MYR0.70 level, with an exit set below the MYR0.67 threshold. Towards the upside, the immediate resistance is at the MYR0.775 mark, followed by the MYR0.80 level.
Source: RHB Securities Research - 20 Feb 2020
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