Prolexus is likely to continue to rally after printing an all-time high close yesterday. A position can be initiated above RM0.70, with a close below it as a stop-loss. The price target is RM0.95, with resistance also expected at RM0.80. The trade may not work should the stop-loss be triggered, after which a sideways move may ensue. Strong support is at the recent low of RM0.55.
Source: OSK
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