Daily Trading Stocks: Multi Sports Holdings Ltd

Multi Sports may rally if it can close above  the  9-month high of RM0.425. A position can be initiated if  this happens, with a close below the psychological RM0.40 as a stop-loss. A conservative trade may  be to  wait until a close above RM0.44 before entering. The price target is RM0.51, with possible selling at RM0.49.  Failure to break above RM0.44 should see the  stock’s  sideways trend continuing. Further support is at RM0.37.

Source: OSK