Wednesday 6 June 2012

Daily Trading Stocks : MISC

MISC’s downtrend is likely to continue after closing below its May low yesterday. A position can be liquidated below the broken support at RM3.94, with support expected at the round figure of RM3.50. However, the weak bias will be erased should the stock close above the recent high of RM4.35, which may lead to a rebound. Resistance is expected at the psychological RM5.00.


Source: OSK

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