Quick take: Mikro rises 5% on technical buy

TheStar Thu, Aug 06, 2020 09:52am - 3 years View Original


KUALA LUMPUR: Shares in Mikro MSC Bhd rose almost 5% following a technical buy call from PublicInvest Research.

The counter gained 4.88%, or one sen to 21.5 sen with 2.6 million shares traded.

PublicInvest said Mikro is attempting to pick up its prior uptrend.

“Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term.

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