Seacera’s rally may resume if the stock closes above the 1½-year resistance of RM0.80. A purchase can be made if it happens, with a close below RM0.76 as a stop-loss. The price target is RM1.00, provided that the two-year high of RM0.90 is violated. Failure to stay above RM0.76 will likely see the stock lower. Strong support is expected at RM0.67.
Source: OSK
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