Vinda appears to be shaping a recovery as it has started to display a series of higher highs and higher lows. In addition, the MACD trend indicator has managed to trek back above the centerline coupled with a bullish crossover signal seen in the Stochastic oscillator. These observations suggest that upside momentum is building up and Vinda may be poised for further upside. A break above the immediate resistance at HKD 8.25 may trigger a rally towards the next resistance at HKD9.16. On the other hand, a violation below the immediate support at HKD7.40 may damage the bullish tone to see a decline to test the next support at HKD6.85.