We recommend a Trading Buy for MESTRON.

Specialty pole maker Mestron Holdings Bhd (KLSE: MESTRON) had showed up in list of momentum stocks, where the strong sign of BUY momentum as well as positive trending MAs, coupled with the positive news of transfer of listing to Main Market, we think there are still ample room of upside ahead for traders. Up next, MESTRON should be seen to challenge RM0.430 as the next resistance level, with RM0.445 being the next profit-taking point.

SP: RM0.405

TP: RM0.445

CL: RM0.395