RHB Retail Research: Notion VTec furthering rebound

RHB Retail Research says Notion VTec Berhad formed a second consecutive white candle, furthering its rebound from the 21-day SMA line that it recently tested in a consolidation phase.

In a trading note, the research house says a positive bias may emerge above MYR0.75, with resistance points pegged at MYR0.86, followed by MYR0.915.

“A stop-loss can be placed below MYR0.75,” it says.

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