MRCB may rebound after a firm close yesterday. A position can be initated on another close above RM1.66, with a close below last week’s low of RM1.60 as a stop-loss. Price targets are at prior highs of RM1.85 and RM2.00. Failure to stay above RM1.66 could see it lower with the next support at RM1.55.
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