TMC may rebound if it can close above the 1-month high of RM0.305. A purchase can be made on a close above that level, with a close below last week’s low of RM0.29 as stop-loss. The price targets are RM0.33 and RM0.34. A failure to stay above the RM3.05 level may invite selling, with a close below RM0.29 as confirmation. Supports are at RM0.27 and RM0.25.
Source: OSK
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