Wing Tai’s rally may resume after holding above Monday’s gap. A position can be initiated above RM1.90, or otherwise above RM2.00, with a close below last week’s low of RM1.85 as a stop-loss. The price target is RM2.30, with selling also anticipated at RM2.15. Failure to break above RM2.00 could lead to a correction with the trigger of the stop-loss as confirmation. Support is at RM1.75.
Source: OSK
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