• Technical BUY with +9.3% potential return
• Last price: RM2.37
• Target price: RM2.52, RM2.59
• Support: RM2.30
• Stop-loss: RM2.29

BUY with a target price of RM2.59 and stop-loss at RM2.29. Yesterday, share price managed to hit the breakout level of RM2.37 and closed above the BBI line, maintaining the bullish momentum for the stock to move towards the previous high. This is supported by an uptick in the RSI and a bullish crossover in both the MACD and the DMI. Our targets are RM2.29 and RM2.59.

Source: UOB Kay Hian Research - 12 Jul 2017