KHSB may rebound after consolidating well the gains of 19 June. A position can be initiated on a close above the consolidation high of RM0.445, with a close below RM0.415 as stop-loss. The price target
is RM0.60, with selling also expected at RM0.55. Failure to break above could lead to a continuation of the 5-month decline. Supports are at RM0.375 and RM0.31.
Source:
OSK
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