Rimbunan Sawit may resume its uptrend after closing at its highest in over four weeks yesterday. A purchase can be made above RM1.06, with a close below the psychological RM1.00 as a stop-loss. The price target is RM1.50, provided that the recent high of RM1.20 is violated. However, a correction will likely follow should the stop-loss be triggered. Supports are seen at RM0.91 and RM0.83.
Source: OSK
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