Friday, June 21, 2019

Technical Analysis June 2019: VS (6963)


V.S. INDUSTRY BERHAD 

Observation from Chart:-

VS (6963)  retest strong resistance RM1.16 level.

How about this round, will it breakout & go higher?

Other indicator:-
MACD moving toward positive region, uptrend sign.
Stochastic %K trigger BUY call.

Immediate resistance @ RM1.16 level.
Subsequent resistance @ RM1.22 level.

Immediate support @ RM1.05 level.
Subsequent support @ RM0.955 level.

Let's watch closely.

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