Tecnic should rally further after printing an all-time high at yesterday’s close. A position can be initiated above RM4.00 with a close below as a stop-loss. The price target is RM5.20, with expected selling at RM4.50. A failure to stay above RM4.00 will embolden sellers and weakness is confirmed on a close below the five-month low of RM3.70. Supports are at RM3.40 and RM3.20.
Source: OSK
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