SCC may climb further after a firmer close yesterday. A purchase can be made above RM0.90, with a close below last 7 May’s low of RM0.86 as stop-loss. Given that the stock is at an all time high, the price targets are the round figures of RM1.00 and RM1.10. But a correction is likely should the stop-loss be triggered. Supports are at the 7 May gapping low of RM0.815 and RM0.76.
Source: OSK
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