ViTrox Corporation crossed above the RM6.35 level in its latest session. With a healthy RSI level, a bullish bias may be present above this mark with a target price of RM7.10. Meanwhile, it may continue moving sideways if it dips back below the RM6.35 mark in the near term. In this case, the immediate support is anticipated at RM5.93, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy on further rebound above RM6.35
Target: RM7.10 (time frame: 3-6 weeks)
Exit: RM5.93
Source: AmInvest Research - 18 Jan 2019
Chart | Stock Name | Last | Change | Volume |
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Created by AmInvest | Aug 30, 2024
Created by AmInvest | Aug 30, 2024
Created by AmInvest | Aug 30, 2024
Created by AmInvest | Aug 30, 2024
LionSing
thanks for sharing on vitrox
2019-01-18 10:24