Vitrox Corporation is set for a counter-trend rebound as it pushed above the MYR7.74 resistance yesterday with a “White Marubozu” bullish candlestick. If buying interest persists, the bulls may drive the stock towards the MYR8.00 resistance, followed by MYR8.45. Meanwhile, a drop below the MYR7.46 support – which was yesterday’s low – may reverse its direction, as it negates yesterday’s bullish momentum.
Source: RHB Securities Research - 1 Jun 2022