QL may rally after closing above its highest in almost six months. A position can be initiated on a close above RM3.30, with a close below the recent low of RM3.13 as a stop-loss. The price target is RM3.90, provided that the 2011's high of RM3.50 is violated. Failure to stay above RM3.30 should see it sideways and strong support is at RM3.00.
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