VisDynamics may rebound further, says RHB Retail Research

VisDynamics may rebound further, says RHB Retail Research
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KUALA LUMPUR (Oct 16): RHB Retail Research said VisDynamics Holdings Bhd may rebound further after it tested the 43 sen support lately.

In a trading stocks note today, the research house said yesterday’s long white candle sent the stock to its 6-month high, thereby enhancing the bullish sentiment.

“A positive bias may emerge above the 45.5 sen level, with an exit set below the 43 sen threshold.

“Towards the upside, the immediate resistance is at the 50 sen level. This is followed by the 55 sen threshold,” it said.