MNRB’s rebound should continue after closing at its highest in 7 months. A purchase can be made above RM2.80, with a close below the recent low of RM2.70 as stop-loss. The price target is RM3.13, provided that the psychological RM3.00 is violated. Failure to stay above RM2.80 followed by the trigger of the stop-loss could see the stock trade lower. Supports can be found at RM2.57 and RM2.50.
Source: OSK
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