Tasco’s uptrend should continue as long as it stays above the RM2.00 support level. A purchase can be made above RM2.00, with a close below it as stop-loss. A conservative trade may wait until the 3-month resistance of RM2.20 is broken before entering. The price target is RM2.60, with resistance also expected at RM2.40. Correction may ensue should the stop loss be triggered. Supports are at RM1.80 and RM1.70.
Source: OSK
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