LITRAK’s rally may continue after posting a five-year high yesterday. A position can be initiated above RM4.20, with a close below Aug’s low of RM4.00 as a stop-loss. The price target is at the RM4.70 gap, with selling expected at RM4.50. Failure to stay above RM4.20 should see the stock sideways. Further support is seen at RM3.80.
Source: OSK
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