Eye on Stock: Notion VTec
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.
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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