RHB Retail Research

Trading Stocks - MISC

rhboskres
Publish date: Thu, 12 Mar 2020, 05:00 PM
rhboskres
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RHB Retail Research

MISC may climb higher after it formed a second consecutive white candle. This can be viewed as a continuation of the bulls extending the rebound from 10 Mar’s “Piercing Line” pattern. A positive bias may emerge above the MYR7.27 level, with an exit set below the MYR7.00 threshold. Towards the upside, the immediate resistance is at the MYR8.20 mark. This is followed by the MYR8.50 level.

Source: RHB Securities Research - 12 Mar 2020

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