Scicom (MSC) may rebound further after it tested the MYR0.60 support in recent sessions. The stock has posted a white candle and left an upside gap, which indicates a positive sign. An upbeat bias may emerge above the MYR0.675 level, with an exit set below the MYR0.60 mark. Towards the upside, the immediate resistance is at the MYR0.86 level, followed by the MYR0.955 threshold.
Source: RHB Securities Research - 30 Mar 2020
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Created by rhboskres | Aug 26, 2024