Thursday, June 15, 2017

Technical Analysis Jun 2017: VS (6963)



V.S. INDUSTRY BERHAD 

Observation from Chart:-

VS (6963) succeed breakout RM2.05 resistance level.

How high will it go?

Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Higher high is formed.
No immediate resistance. 

Immediate support @ RM2.05 level.
Subsequent support @ RM1.98 level.

Let's watch closely.

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