Alam may rebound after a strong move yesterday, which was preceded by a gap. A purchase can be made on a close above RM0.56, with a close below the gap of RM0.525 as a stop-loss. The price target is RM0.725, with selling also expected at RM0.675. The stock may decline if the stop-loss is triggered, and will likely trade lower if the RM0.50 support level is broken.
Source: OSK
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