Ajiya may rally further after printing a 52-week high yesterday. A purchase can be made above RM1.75, or otherwise above RM1.80, with a close below RM1.70 as a stop-loss. The price targets are at prior highs of RM2.00 and RM2.25. The stock should continue sideways if the stop-loss is triggered. Strong support is expected at RM1.55.
Source: OSK
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