Allianz’s rally should continue after closing at its highest in over a year yesterday. A position can be initiated above RM5.50, with a close below the recent low of RM5.25 as a stop-loss. The price target is RM6.50, with selling also anticipated at RM6.00. Failure to break higher may embolden sellers and strong support is expected at RM5.00.
Source: OSK
No comments:
Post a Comment