GenM may rebound further if the stock closes above Sept’s high of RM3.57. A purchase can be made if it happens, with a close below last week’s low of RM3.48 as a stop-loss. The price target is RM3.75, and a break could lead to a test of RM3.90. Failure to close higher should see it sideways and strong support is seen at RM3.30.
Source: OSK
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