VisDynamics may move higher after it tested the MYR0.51 support in its latest session. Yesterday’s white candle engulfed the prior one to form a “Bullish Engulfing” pattern, implying a potential rebound. A positive bias may emerge above the MYR0.565 level, with an exit set below the MYR0.51 threshold. Towards the upside, the immediate resistance is at the MYR0.67 mark, followed by the MYR0.735 level.
Source: RHB Securities Research - 3 Mar 2020
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Created by rhboskres | Aug 26, 2024