Maxis may have completed a higher low after the firmer close yesterday. A purchase can be made above the prior 3-day high of RM6.43, with a close below RM6.30 as a stop-loss. The price target is RM7.30, provided that the recent high of RM6.75 is violated convincingly. The stock may correct should the stop-loss be triggered. Strong support is seen at RM6.00.
Source: OSK
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