KUALA LUMPUR (Oct 27): RHB Retail Research said ViTrox Corp Bhd is poised to record a multi-year high again, testing the resistance level of RM14.90.
In a trading stocks note today, the research house said as trading volume surged in recent sessions, it expects the bullish trend to extend towards the next resistance level of RM15.50, followed by RM16.00.
“This positive expectation should remain valid, provided the RM13.80 support does not fail,” it said.