MYEG should rally further if it closes above the psychological RM0.80 resistance level. A purchase can be made if it happens, with a close below RM0.75 as a stop-loss. The price target is at 2011’s high of RM0.95, with selling also anticipated at RM0.87. Look for the stock to trade lower should the stop-loss be trigged and supports are at RM0.70 and RM0.65.
Source: OSK
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