will MISC rebound after Window Dressing

Looking at the chart for MISC Berhad, here's my analysis:

Current Price Action:
- Trading at RM7.08, up 1.29%
- Currently testing key support level
- Price below major moving averages suggesting bearish pressure

Technical Analysis:
1. Support/Resistance:
- Critical support zone around RM7.40 (highlighted in pink)
- Major resistance at RM8.00-8.20 (recent peak)
- Previous support at RM7.60 now acting as resistance

2. Moving Averages:
- All moving averages trending downward
- Price trading below all major MAs
- Death cross formation (short-term MA below long-term MA)

Volume Analysis:
- September 2024: MYR1.024B (-8.29%)
- Recent volume spike on selloff
- Money flow indicator showing distribution phase

Key Events:
- June 2024: MYR1.254B (+564.28%)
- March 2024: MYR188.7M (-85.66%)
- Significant decline from recent highs around RM8.80

Trading Considerations:
- Currently in downtrend
- Key level to watch is RM7.40 support
- Break below support could target RM7.00
- Need to see price back above MAs for bullish reversal