RHB Retail Research
Trading Stocks - Excel Force MSC
Excel Force MSC is eyeing to rebound stronger towards the 52- week high as it attempted to move past the immediate resistance of MYR0.61 yesterday, coupled with improved volume. If it breaches above that level, the positive momentum may propel it towards the recent high of MYR0.67, followed by the MYR0.745 resistance, or 52-week high. This expectation will be nullified if it falls below the MYR0.56 support level.
Source: RHB Securities Research - 28 Dec 2021
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