Integrax may trade higher after it closed above the 6-month resistance level of RM1.40 yesterday. A purchase can be made above this level, with a close below the 3-day low of RM1.30 as stop-loss. The price target is the 2011 high of RM1.80, with selling also expected at RM1.60. Failure to break higher should see the sideways trend continuing. Support is also expected at RM1.23.
Source: OSK
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