V.S INDUSTRY BHDUpdated VS Monitor for Due Technical Rebound
EMS stocks VS, SKPRES, ATAIMS are the hardest hit in the major tech stocks retracement. VS had the worst single day drop as the banker chips dropped just to mere 5%.
Scalpers can monitor for entry as RSI shows it can rebound anytime and it closed just above the strong support of 2.555. For holders looking to enter, please stay away from techs temporarily until the theme stabilises and won’t drop further.
Support at 2.555 and resistances at 2.775, 2.910 respectively.
Disclaimer: Trade at your own risk.
Scalpers can monitor for entry as RSI shows it can rebound anytime and it closed just above the strong support of 2.555. For holders looking to enter, please stay away from techs temporarily until the theme stabilises and won’t drop further.
Support at 2.555 and resistances at 2.775, 2.910 respectively.
Disclaimer: Trade at your own risk.
Trade active
Tested 2.775 resistance yesterday and closed 2.700 today.Trade active
EMS theme no longer in trend. Might consolidate further with SKPRES.Trade active
Coming week, tech theme will be back. Exciting times ahead!!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.