CENSOF may climb further after closing above last week’s high of RM0.38 for 2-days in a row. A purchase can be made on another close above RM0.38, with a close below last week’s low of RM0.35 as stop-loss. The price target is the 200-day MAV line at RM0.45. A failure to stay above RM0.38 could see a return in selling, with a close below RM0.35 as confirmation. Support is at RM0.30.
Source: OSK
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