Highlights

Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Wed, 2 Dec 2020, 2:38 PM

 

Technical View - VSTECS Bhd (VSTECS, 5162)

Author:   |    Publish date:


VSTECS Bhd (5162)

• VSTECS closed 3.6% or 7 sen higher to RM1.99 yesterday.

• Share price hit recent low of RM1.67 level and rebounded to current level supported by stronger buying momentum suggested in the upward movement seen in the key momentum indicators. As such, we expect the buying interest to persist and see the share price to trend higher.

• From here, resistance levels are seen at RM2.27 (R1) and further to RM2.58 (R2) level.

• Conversely, support levels are expected at RM1.73 (S1) and RM1.49 (S2).

Source: Rakuten Research - 7 Oct 2020

Share this
Labels: VSTECS

Related Stocks

Chart Stock Name Last Change Volume 
VSTECS 2.17 +0.03 (1.40%) 352,500 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View candlestick stock charts with Technical indicators
MQ Affiliate
Be rewarded by being an MQ Affiliate
 
 

573  485  641  409 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 BIOHLDG 0.31-0.045 
 AT 0.195-0.015 
 LAMBO 0.04+0.005 
 ASIABIO-OR 0.02+0.005 
 HIAPTEK 0.31+0.03 
 KANGER 0.17-0.005 
 ARMADA 0.320.00 
 XOX 0.105-0.005 
 BIOHLDG-WA 0.235-0.055 
 AEM 0.185+0.01 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS