Daily Trading Stocks : MISC

MISC may rebound after yesterday’s high volume “Long White Day”. A purchase can be made above yesterday’s high of RM4.16, with a close below the recent low of RM3.85 as stop-loss. The price target is the March low of RM5.00, with resistance also expected at RM4.65. Failure to close higher may invite selling, with a close below RM3.85 as confirmation. Look for the stock to trade lower with supports expected at the round figures of RM3.50 and RM3.00.


Source: OSK