Xidelang may rebound after closing at its highest in 3 weeks. A purchase can be made above RM0.235, with a close below the recent low of RM0.22 as stop-loss. A conservative trade may wait until a close above yesterday’s high of RM0.245 before entering. The price targets are the prior highs of RM0.28 and RM0.30. Look for the correction to continue should the stop-loss be triggered. Supports are at RM0.20 and RM0.18.
Source: OSK
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