KFima may scale higher if it can trade above last week’s intraday high today. A position can be initiated above RM2.40 with a close below yesterday’s low of RM2.20 as a stop-loss. The price target is RM2.70, provided that the psychological RM2.50 is violated. The upward bias is nullified should the stop-loss be triggered and a correction will likely follow. Supports are at RM2.10 and RM2.05.
Source: OSK
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