UOADev may rebound after closing firmer yesterday. A purchase can be made above Wednesday’s high of RM1.61, with a close below RM1.55 as a stop-loss. The price target is RM1.87 while resistance is expected at RM1.76. The stock will likely trade lower if it closes below RM1.55, with strong support seen at RM1.40.
Source: OSK
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