Landmarks may rebound following yesterday’s strong close on high volume. A purchase can be made on a close above yesterday’s high of RM0.935, with a close below yesterday’s low of RM0.885 as stop-loss. The price targets are the Fibonacci level of the 7-month decline at RM1.00 and RM1.05. Failure to close higher should see the return of selling, with a close below the recent low of RM0.86 sending the stock lower still. Supports lie at RM0.76 and RM0.64.
Source: OSK
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