VS (6963) V.S. INDUSTRY BERHAD - Sideway Consolidation and Ready for the breakout?
VS (6963)
The Group's principal activities are manufacturing, assembling and sale of electronic and electrical products and plastic moulded components and parts. It provides Electronics Manufacturing Services such as plastic injection mould design and fabrication, injection tonnage and finishing processes; production of printed circuit boards; automated assembly, and final processes of packaging and logistics.
VS has been trading above its upward sloping 20-Day Moving Average which is a good sign. The support and resistance level of VS are 0.895 and 0.955 respectively. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively.
PE valuation is only 10, DY at 4%.
Want to know the trading plan for this counter, Join this telegram now! https://t.me/bursashortterm
https://klse.i3investor.com/blogs/bursatrade/2020-05-11-story-h1506995857-VS_6963_Sideway_Consolidation_and_Ready_for_the_breakout.jsp
VS has been trading above its upward sloping 20-Day Moving Average which is a good sign. The support and resistance level of VS are 0.895 and 0.955 respectively. The indicator analysis on RSI is not exhibiting any extreme condition. Watch out for the 30% and 70% levels which indicate any oversold and overbought condition respectively.
PE valuation is only 10, DY at 4%.
Want to know the trading plan for this counter, Join this telegram now! https://t.me/bursashortterm
https://klse.i3investor.com/blogs/bursatrade/2020-05-11-story-h1506995857-VS_6963_Sideway_Consolidation_and_Ready_for_the_breakout.jsp
