RHB Retail Research
Trading Stocks - Scicom (MSC)
Scicom may rebound higher after it continued holding above the MYR1.01 support. The stock has posted another white candle, leaving an upside gap – w hich is a positive sign. A positive bias may emerge above the MYR1.06 level, with an exit set below the MYR1.01 threshold. Towards the upside, the immediate resistance is at the MYR1.18 mark, followed by the MYR1.22 level.
Source: RHB Securities Research - 11 Feb 2020
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