Mah Sing may trade higher after closing above June’s high of RM2.20. A position can be initiated above the level with a close below last week’s low of RM2.09 as a stop-loss. The price target is the prior high of RM2.50, with selling also expected at 2012’s high of RM2.30. The stock may tread lower if the stop-loss is triggered and supports are at RM1.94 and RM1.85.
Source: OSK
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