RHB Retail Research
Technical Analysis -MISC
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MISC was testing the MYR6.09 level in its latest session. A bullish bias may be present above this point with a target price of MYR6.28, followed by MYR6.50. The stock may drift sideways if it cannot surpass the MYR6.09 threshold in the near term. Support may be found at MYR5.70, where traders can exit upon a breach to minimize the downside risk.
Source: RHB Securities Research - 11 Jul 2018
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