TH Plantation’s rebound should continue if it stays above RM2.50 today. A purchase can be made above RM2.50, with a close below the broken resistance of RM2.37 as stop-loss. The price target is the April high of RM3.00, with selling also likely at RM2.80. Failure to close higher today may embolden sellers, with a close below RM2.37 as confirmation. Strong support is at the recent low of RM2.20.
Source: OSK
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