RHB Retail Research
Trading Stocks - MISC
MISC may trend higher after it formed a long white candle and breached above the MYR6.50 threshold. This close has sent the stock to its highest close in more than two months, thereby enhancing the positive sentiment. A bullish bias may emerge above the MYR6.50 level, with an exit set below the MYR5.76 threshold. Towards the upside, the immediate resistance is at MYR7.20. This is followed by the MYR7.60 level
Source: RHB Securities Research - 1 Aug 2018
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