Tebrau could rise further if it can muster a close above the three-month resistance of RM0.77. A purchase can be made if the stock closes above the level with a close below the one-month low of RM0.735 as a stop-loss. Price targets are at RM0.815 and RM0.85. However, failure to break resistance could see the stock lower with a close below RM0.735 as confirmation. Supports are at RM0.715 and RM0.665.
Source: OSK
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