RHB Retail Research
Trading Stocks- V.S Industry
V.S Industry has been undergoing a sideways consolidation phase around the 21-day SMA line over the past seven weeks. A positive bias may emerge should the stock cross above the MYR0.925 resistance. This is following the resistance levels set at MYR0.97 and MYR0.99. A stop-loss can be placed below MYR0.895.
Source: RHB Securities Research - 10 Jun 2020
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