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Nova MSC down 11.11% (1.5 sen) to close at RM0.12 yesterday.
Nova MSC turnaround story is finally gaining momentum with record high orderbook as it expects to return to full year profitability by FY19. We believe the stock is currently in oversold position and potentially heading for technical rebound.
As such, resistance levels are expected at RM0.180 (R1) and further to RM0.185.
Meanwhile, supports can be found at RM0.1 15 (S1) and RM0.105 (S2).
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....