Technical Stockpick - Malaysia Smelting Corp Bhd
Fri, 09-Jan-2026 07:15 am
by Research Team • Apex Research

MSC (5916)
Last Price (RM)
1.87
Resistance (RM)
R1 — 1.90 / R2 — 2.00
Support (RM)
S1 — 1.80

Technical Commentary:

 

The stock has extended its uptrend, supported by a decisive breakout above the previous resistance at RM1.80 on stronger volume. The stock has since printed a new high and is approaching the next resistance, where a breakout will be monitored. If the uptrend remains intact, the next resistance levels are at RM1.90 and RM2.00, while immediate support has shifted higher to RM1.80.

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.048223 4.080505
EUR 4.740271 4.749917
CNY 0.581709 0.582305
HKD 0.519440 0.523616
SGD 3.151531 3.177169