YTL Land could rally further, after the firm close on high volume last Friday. A position can be initiated on close above RM1.10, with a close below the psychological RM1.00 as a stop-loss. The price target is RM1.42, although selling is also expected at the prior high of RM1.25. Selling should take over if the stop-loss is triggered and supports are expected at the prior lows of RM0.90 and RM0.75.
Source: OSK
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