HELP may rebound after closing at its highest in 3 months last Friday. A purchase can be made on a close above the early Mar high of RM1.82, with a close below the recent low of RM1.60 as stop-loss. An aggressive trader may enter now on anticipation of a breakout. The price target is RM2.40, provided that the RM2.00 psychological level is violated. A close below RM1.60 should see a continuation in selling, which is set to intensify on a close below the 2011 low of RM1.45.
Source: OSK
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