RHB Retail Research

Trading Stocks - MISC

rhboskres
Publish date: Thu, 10 Oct 2019, 06:00 PM
rhboskres
0 9,020
RHB Retail Research

MISC may rise higher after it continued holding above the MYR7.70 support. In view of the positive slope of the 21-day SMA line, this implies a positive outlook. A bullish bias may emerge above the MYR7.90 level, with an exit set below the MYR7.70 threshold. Towards the upside, the immediate resistance is at MYR8.50. This is followed by the MYR9.00 level.

Source: RHB Securities Research - 10 Oct 2019

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