M-Mode may rise further if it stays above the RM0.45 resistance level. A position can be initiated above RM0.45, with a close below yesterday’s low of RM0.445 as a stop-loss. The price target is at RM0.56, provided that the recent high of RM0.52 is violated. Failure to break higher could see it moving sideways with support at RM0.39.
Source: OSK
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