Itronic may trade higher after breaking above the 10-month resistance of RM0.65 yesterday. A purchase can be made above the level with a close below yesterday’s gap of RM0.60 as a stop-loss. The price target is at RM0.90, with selling also expected at RM0.70. The stock may correct if it closes below RM0.60 while supports lie at RM0.55 and RM0.45
Source: OSK
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