RHB Retail Research
Trading Stocks - VSTECS
VSTECS may be ripe for a technical rebound as the bullish momentum has been gaining traction recently. Observe that the stock has been moving sideways, showing that selling pressure is subsiding. If it breaks above MYR2.70, a bullish bias may emerge again. The next resistance is pegged at MYR2.80, followed by MYR3.00. Meanwhile, breaching the MYR2.52 support, would see the resumption of a downward movement.
Source: RHB Securities Research - 8 Jul 2021
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
