IFCA MSC Bhd
(code: 0023) has put in a positive performance over the last couple of sessions, with the week’s trading high of 32 sen achieved yesterday.
The strong push on Thursday lifted the share price over the 14- and 21-day short-term simple moving averages (SMA) in intra-day trade, and this momentum followed through yesterday. The stock’s improved share price performance over July and August thus far has helped to unravel the negative outlook on the daily price chart.
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