Equine may rally further after closing near its six-month high. A purchase can be made above RM0.62, with a close below RM0.60 as a stop-loss. The price target is RM0.775, provided that the recent high of RM0.70 is violated. The stock may however trade sideways should the stop-loss be triggered. Supports are at RM0.55 and RM0.525.
Source: OSK
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