Gas Malaysia may rise further if it can stay above the RM2.70 resistance level. A purchase can be made above RM2.70, with a close below RM2.60 employed as a stop-loss. The price target is at the psychological RM3.00, with selling also expected at RM2.88. The stock will decline if the stop-loss is triggered. Supports are at RM2.50 and RM2.40.
Source: OSK
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