E&O’s rally may resume after its highest close in a month. A purchase can be made above RM1.66, with a close below the recent low of RM1.56 as a stop-loss. The price target remains at RM1.90, with selling expected at RM1.80. Failure to stay above RM1.66 should see the stock sideways with further support at RM1.45.
Source: OSK
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