FimaCor may trade higher after it closed at a three-month high yesterday. A position can be initiated above RM6.20, with a close below RM5.90 as a stop-loss. The price target is RM7.50, provided that the recent high of RM7.00 is violated. The trade may not work out if it closes back below RM6.20 and the stop-loss is triggered, thereby confirming the weakness. Supports are at RM5.30 and RM5.00.
Source: OSK
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