V.S. Industry was testing the MYR0.91 level in its latest session. If the price breaks out, a bullish bias may be present above this point, with a target price of MYR1.04, followed by MYR1.16. The stock may take a breather if it cannot breach above the MYR0.91 mark decisively in the coming sessions. Support may be found at MYR0.745, where traders can exit upon a breach to minimise the downside risk.
Source: RHB Securities Research - 10 Apr 2020
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Created by rhboskres | Aug 26, 2024