Bonia may rebound after holding above the 200-day MAV line. A position can be initiated above RM2.30, with a close below last week’s low of RM2.25 as a stop-loss. The price target is RM3.00, should the recent high of RM2.70 be broken. A close below RM2.25 should see the stock lower and support is at RM2.00.
Source: OSK
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