KUALA LUMPUR (Nov 25): RHB Retail Research said IFCA MSC Bhd is showing signs of extending its upward move that started from early-November, after it recently came in near to retest the 21-day SMA line.

In a trading stocks note today, the research house said a positive bias may appear above 41 sen with resistance levels forecasted to appear at 46 sen and 50 sen.

“This bias should stay valid provided the 41 sen support continues to hold,” it said.