RHB Retail Research
Trading Stocks - MISC
MISC was testing the MYR6.22 level in its latest session. A bullish bias may be present above this point with a target price of MYR6.60, followed by MYR6.90. The stock may consolidate further if it cannot breach the MYR6.22 threshold in the coming sessions. Support may be found at MYR5.93, where traders can exit upon a breach to minimise downside risk.
Source: RHB Securities Research - 19 Dec 2018
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