RHB Retail Research
Trading Stocks - Scicom (MSC)
Scicom may move higher after it continued holding above the MYR0.905 support. Yesterday’s white candle sent the stock to its 3-month high, thereby enhancing the bullish sentiment. A positive bias may emerge above the MYR0.98 level, with an exit set below the MYR0.905 threshold. Towards the upside, the immediate resistance is at the MYR1.07 mark. This is followed by the MYR1.14 level.
Source: RHB Securities Research - 25 Oct 2019
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