Kimlum may decline further after closing at the five-month low yesterday. A position can be liquidated below RM1.45 and support is anticipated at RM1.35, and a stronger one at Feb’s low of RM1.30. The weak bias is only cancelled if it can close above June’s high of RM1.55. Resistance is expected at RM1.62 and RM1.70.
Source: OSK
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