HLFG should continue higher if it can close back above RM12.50. A purchase can be made on a close above RM12.50, with a close below RM12.20 as a stop-loss. The price target is at RM14.10, provided that the 2011’s high is violated convincingly. Failure to break higher will likely see it sideways with supports at RM12.00 and RM11.50.
Source: OSK
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