BornOil may rebound after holding above the RM0.40 support level. A purchase can be made above the level, with a close below it as a stop-loss. The price targets are RM0.47 and the psychological RM0.50. Failure to stay above RM0.40 should see the stock lower, with supports anticipated at RM0.35 and RM0.32.
Source: OSK
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