L&G may rebound after holding above the 100-day MAV line. A position can be initiated on a close above last week’s high of RM0.40, with a close below last week’s low of RM0.39 as a stop-loss. The price target is RM0.465, with selling expected at RM0.45. A close below RM0.39 should see the stock lower and support is at RM0.35.
Source: OSK
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