Asia Media should continue higher after printing another all-time high close yesterday. A position can be initiated at the current price with a close below the two-day low of RM0.58 as a stop-loss. The price target is the psychological RM0.75 and selling is also expected at the round figure of RM0.70. The stock could be at the mercy of the seller if the stop-loss is triggered and supports are at RM0.545 and RM0.50.
Source: OSK
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