Kossan may rally further after closing at its three-month high. A purchase can be made above RM3.30, with a close below the recent low of RM3.10 as a stop-loss. The price target RM3.90, provided that 2011’s high of RM3.60 is violated. The stock may decline if it closes below RM3.10. Strong support is expected at RM3.00.
Source: OSK
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