IFCA MSC BHD Stock Code: 0023
Wait for breakout signal. The stock may move sideways if the MYR0.88 level cannot be breached.
IFCA MSC was testing the MYR0.88 level in its latest session after crossing the 50-day MAV line marginally. Traders may buy if this level is breached in the near term, with a target price of MYR1.01. In the meantime, the stock may move sideways if the MYR0.88 level cannot be breached. Support may then be found at MYR0.80, where traders can exit upon a breach.
by Malacca Securities – 23/09/15
IFCA MSC BERHAD
The Company is principally involved in R&D and selling of enterprise-wide integrated business solutions.