Deleum may rebound after holding above the support level of RM1.55. A purchase can be made on a close above the prior 2-day high of RM1.60, with a close below RM1.55 as stop loss. The price targets are RM1.70 and RM1.80. However, selling may continue should the stock close below RM1.55, with supports at RM1.35 and RM1.20.
Source: OSK
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