MBSB may rally further after holding above the broken resistance of RM2.40 very well in the past week. A position can be initiated on a close above RM2.40, with a close below as a stop-loss. The price targets are RM2.70 and RM2.90. The stock may likely correct if it fails to stay above RM2.40 and supports are at RM2.20 and RM2.00.
Source: OSK
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