CIMB on VS Industry

Although we called for a sell earlier on VS, the recent chart seems to be interesting as it is consolidating heading upwards with the right catalyst. But this catalyst hasn’t been clear yet. Look out for abnormal volume surges to determine a break-out trend in the near term.

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Meanwhile in the latest report by CIMB, they attended their quarterly briefing yesterday and remained neutral with no major surprises. Have a look at the latest report!

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