Hup Seng may rally further after closing above the one-month resistance level of RM2.70. A purchase can be made if it stays above the level, with a close below the gap of RM2.60 as a stop-loss. The price target RM3.10, with selling also expected at RM2.95. The stock will likely trade sideways should the stop-loss be triggered. Supports are at RM2.50 and RM2.40.
Source: OSK
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