Oldtown’s uptrend should continue if it makes an all-time high’s close above RM1.75. A position can be initiated if it happens and a close below the recent low of RM1.65 can be taken as a stop-loss. The price target is RM2.10, with resistance also expected at RM2.00. The stock may correct should it close below RM1.65. Supports are at RM1.57 and RM1.50.
Source: OSK
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