MPHB should rally further after closing at its highest in more than five years. A position can be initiated above RM3.70, with a close below RM3.50 as a stop-loss. The price target is RM4.30, with selling also expected at RM4.00. Failure to stay above RM3.70 will likely see it sideways with further support at RM3.30.
Source: OSK
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