Hua Yang is likely to continue higher after closing above the RM2.00 psychological level last Friday. A position can be initiated on another close above RM2.00, with a close below RM1.98 as a stop-loss. Price targets are RM2.18 and RM2.32. The stock may correct should the stop-loss be triggered and supports are at the gap of RM1.80 and prior high of RM1.75.
Source: OSK
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