RHB Retail Research
Trading Stocks - VisDynamics
VisDynamics underwent a breakout yesterday, and is now ready to extend the upward swing. Trading volume picked up in the past four sessions, lifting its share price to cross the immediate resistance of MYR0.53. We think the strong buying interest will drive it towards the next resistance level of MYR0.57, followed by MYR0.63. A downside breach of the MYR0.50 support level would nullify this expectation, and lead to a further share price correction.
Source: RHB Securities Research - 8 Dec 2020
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