Eye on Stock: Notion VTec

TheStar Sat, Dec 29, 2018 10:32am - 5 years View Original


NOTION VTec Bhd (code: 0083) has been making a rebound over the last week after bouncing off a support of 55 sen on Dec 19.

While there may be short-term gains in store, a breakout doesn’t look likely as buying volume remains low although some pick up may be seen post-holiday season, which would help add to the momentum.

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The stock’s attempt to gain higher ground was thwarted in November when the share price formed a double peak, triggering a slide that returned it to July levels of trading.

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