L&G may rebound after closing firmer yesterday. A purchase can be made on a close above yesterday’s high of RM0.41, with a close below RM0.39 as a stop-loss. The price targets are RM0.46 and the recent high of RM0.51. The stock will likely trade lower if it closes below RM0.39, with strong support expected at RM0.35.
Source: OSK
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