• (Previous) Target price RM1.13
• (New) Target price RM1.22, RM1.35
• Last closing price RM1.17
• Potential return 4.2%, 15.3%
• Support RM1.13
• Stop loss RM1.10

Possible for uptrend continuation. With reference to the Technical note published on 14th February 2017, target price previously set was achieved and hence a proportion of holding is recommended to be sold in order to realize some profit. Nevertheless, the balance should be kept to ride along with the improving momentum towards resistance levels of RM1.22 and RM1.35. However, failure to hold at support level of RM1.13 may indicate weakness in the share price and hence, a cut-loss signal

Source: PublicInvest Research - 8 Mar 2017