The stock’s month-long rebound should continue after yesterday’s “Long White Day”. A purchase can be made above last week’s high of RM3.64 with a close below last Wednesday’s low of RM3.54. The price target is the 9-month high of RM4.00 with selling also expected at RM3.85. The upward bias is cancelled if the stop-loss is triggered and supports are at RM3.47 and RM3.35.
Source: OSK
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