SP Setia may rebound after a firmer close yesterday, the highest in more than a month. A position can be initiated above RM3.60, with a close below RM3.50 as a stop-loss. The price target is at prior high of RM3.85, with selling seen at RM3.70. Failure to stay above RM3.60 should see the stock lower, while selling may intensify on a close below RM3.50.
Source: OSK
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