KUALA LUMPUR (July 28): RHB Retail Research said IFCA MSC Bhd has been developing a sideways trading pattern over the past week below the 38.5 sen resistance.

In a trading stocks note today, the research house said an upside breach of this level could see the stock testing 40 sen followed by 41 sen.

“A stop-loss can be placed below 37 sen,” it said.