Kian Joo’s rebound may continue if it can close above its 3-month high of RM2.20. A purchase can be made if it happens, while a close below RM2.13 can be employed as stop-loss. The price targets are the prior highs of RM2.40 and RM2.50. Failure to break higher could see a return in selling, with supports at RM2.00 and RM1.90.
Source:
OSK
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