RHB Retail Research
Trading Stocks - IFCA MSC
IFCA MSC is showing signs of extending its upward move that started from early-November, after it recently came in near to retest the 21-day SMA line. A positive bias may appear above MYR0.41 with resistance levels forecasted to appear at MYR0.46 and MYR0.50. This bias should stay valid provided the MYR0.41 support continues to hold.
Source: RHB Securities Research - 30 Nov 2020
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