BjFood may rally further if the stock can close above the resistance of RM1.20. A position can be initiated if it happens, with a close below last week’s low of RM1.17 as a stop-loss. The price target is RM1.37, with selling anticipated at RM1.30. The stock may trade sideways if it closes below RM1.17, while strong support should come at RM1.07.
Source: OSK
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