BHIC may rebound after closing above the psychological RM3.00 for 2 days in a row. A position can be initiated above this level with a close below the recent low of RM2.80 as stop-loss. The price target is RM3.60, with resistance also expected at RM3.45. A close back below RM3.00 may nullify the upward bias, with a close below RM2.80 as confirmation. Supports are at the prior lows of RM2.60 and RM2.40.
Source: OSK
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