Multi Sports may rally if it can close above the 9-month high of RM0.425. A position can be initiated if this happens, with a close below the psychological RM0.40 as a stop-loss. A conservative trade may be to wait until a close above RM0.44 before entering. The price target is RM0.51, with possible selling at RM0.49. Failure to break above RM0.44 should see the stock's sideways trend continuing. Further support is at RM0.37.
Source:
OSK