Parkson could rally if it can stay above RM4.70 today. A purchase can be made if it happens or otherwise, on a close above the June high of RM4.85, with a close below the recent low of RM4.60 as a stop-loss. The price targets are the psychological RM5.00 and the prior low of RM5.20. A close below RM4.60, however, should see the stock lower. Support is at RM4.30 and stronger one at RM4.00.
Source: OSK
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