Guinness has been holding its gain very well in the past 6-month but an upward continuation is only confirmed on a close above the March high of RM13.70. A purchase can be made if it happens, with a close below the recent low of RM12.80 as stop-loss. The price target is RM16.80, with resistance also expected at RM15.00. A correction may ensue if the stock fails to close above RM13.70, more so if it closes below RM12.80. Supports are at RM11.45 and RM11.00.
Source: OSK
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