Malton’s rally will continue if it can close above its week-high close of RM0.62. A position can be initiated on a close above the level, with a close below RM0.60 as a stop-loss. The price target is the 2011 high of RM0.75 and selling is also anticipated at RM0.68. A close back below RM0.60 may lead to a lower price. Supports are at RM0.55 and RM0.515.
Source: OSK
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