Malton’s rebound may continue after a firm close on improved volume yesterday. A purchase can be made on a close above RM0.60, with a close below the recent low of RM0.55 as a stop-loss. The price target is RM0.715, provided the recent high of RM0.635 is violated. Failure to break higher should see the stock trend sideways and supports are at RM0.525 and RM0.50.
Source: OSK
No comments:
Post a Comment