RHB Retail Research
Trading Stocks - MISC
MISC is poised to print an uptrend movement as it bounced off its support while attempting to move past the MYR6.72 immediate resistance yesterday. If a breakout happens above that level, the bullish momentum should continue towards the MYR7.06 level, followed by the MYR7.30 next resistance. Conversely, falling below the MYR6.56 support will cancel this expectation.
Source: RHB Securities Research - 16 Dec 2021
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