Friday 29 Mar 2024
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KUALA LUMPUR (Feb 26): RHB Retail Research said Scicom MSC Bhd may trend higher after it formed another white candle and breached above the RM1.92 threshold.

In a trading stocks note today, the research house said this close has sent the stock to its highest close in more than five months, thereby enhancing the positive sentiment.

“A bullish bias may emerge above the RM1.92 level, with an exit set below the RM1.80 threshold.

“Towards the upside, the immediate resistance level is at RM2.14. This is followed by the RM2.38 level,” it said.

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