Kossan may rebound after holding above RM3.00 yesterday. A purchase can be made on a close above RM3.02, with a close below RM2.97 as a stop-loss. The price target is at the recent high of RM3.30 and if broken, RM3.50. The stock will likely decline if the support level fails to hold, with further supports expected at RM2.90 and RM2.70.
Source: OSK
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