Axiata should climb higher if it can break above the all-time highclose, above RM6.00. A position can be initiated on a close aboveRM6.00, with a close below the recent low of RM5.75 as a stop-lossThe price target is at RM6.40, provided that the recent intradayhigh of RM6.20 is violated. The stock however, may correct if thestop-loss is triggered and supports are at RM5.50 and RM5.40.
Source: OSK
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