CenSof’s rebound is expected to continue after it held well above RM0.45. A purchase can be made above the level with a close below yesterday’s low of RM0.44 as a stop-loss. The price target is the early year high of RM0.56, with selling also expected at a psychological RM0.50. Selling will likely return should the stop-loss be triggered and supports are at RM0.40 and RM0.37.
Source: OSK
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