RHB Retail Research

Trading Stocks - IFCA MSC

rhboskres
Publish date: Fri, 12 Apr 2019, 05:58 PM
rhboskres
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RHB Retail Research

IFCA MSC has been consolidating over the past month – thereby forming an immediate-term downtrend line. A bullish bias may emerge should the stocks manage to break out from the said formation. A stop-loss can be placed below MYR0.395. Resistance may emerge at MYR0.49, followed by MYR0.60.

Source: RHB Securities Research - 12 Apr 2019

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