VSTECS Bhd.

Higher High and Higher Low for a changing trend

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The price action had been having a support on 1.92 and built up a higher high and higher low for the chart with supported with positive momentum. Beside that, the volume of the share had been higher than yesterday, which means are having new buyer coming in.

In the fundamental view, VSTECS always been the market leader in the ICT products distribution industry, therefore it can be capitalising on the post-pandemic "new normal", that had been staying home and working from home had been increasing the demand of ICT products.

Moreover, the Q3 and Q4 always be the better quarter performance for the company. Therefore, it is supported the market sentiment part for the company.

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