MyEG’s rebound is likely to continue after the firm close yesterday. A purchase can be made on a close above RM0.645 and a close below RM0.62 can be employed as a stop-loss. The price target is RM0.71, with selling also expected at RM0.685. The upward bias is likely cancelled should the stop-loss be triggered and expect strong support at RM0.58.
Source: OSK
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