RHB Retail Research

Trading Stocks - ViTrox Corp

rhboskres
Publish date: Mon, 30 Mar 2020, 10:39 AM
rhboskres
0 9,021
RHB Retail Research

ViTrox Corp may climb higher after it breached above the MYR7.10 threshold. Given that the stock formed a “Hammer” pattern on 26 Mar, this indicates a potential rebound. An upbeat bias may emerge above the MYR7.10 level, with an exit set below the MYR6.70 mark. Towards the upside, the immediate resistance is at the MYR8.00 level, followed by the MYR8.40 threshold.

Source: RHB Securities Research - 30 Mar 2020

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