P&O may rally further if it can sustain a close above RM1.25. A position can be initiated above RM1.25, with a close below RM1.20 as a stop-loss. The price target is RM1.50, with selling expected at RM1.40. Look for the stock to trade sideways if the stop-loss is triggered and supports are seen at RM1.15 and RM1.05.
Source: OSK
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