RHB Retail Research
Technical Analysis - MISC
MISC was testing the MYR6.20 level recently. A bullish bias may be present above this point with a target price of MYR6.68, followed by MYR7.20. The stock may drift sideways if it cannot surpass the MYR6.20 threshold in the coming sessions. Support may be found at MYR5.70, where traders can exit upon a breach to limit the downside risk.
Source: RHB Securities Research - 31 Oct 2018
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