Cypark may resume its rebound if it can react positively to the “Hammer” of Tuesday. A purchase can be made on a close above the “Hammer” high of RM1.74, with a stop-loss on a close below the candle low of RM1.67. The price target is RM1.95, provided that the recent high of RM1.81 is violated convincingly. A close below RM1.67 should confirm the return of selling but strong support is at RM1.50.
Source: OSK
No comments:
Post a Comment