Daily Trading Stocks : Sunway REIT

Sunway REIT’s 4-month sideway trend is likely to end with an upside after it closed above  the RM1.30 resistance level for 2  consecutive days. A purchase can be made above RM1.30, with a close below the
4-month low of RM1.22 as  stop-loss.  The price target is RM1.45, with resistance also expected at RM1.40. However, the stock may enter into a correction should the stop-loss  be  triggered, with supports at RM1.15 and RM1.05.

Source: OSK