HLIB Retail Research – 7 Oct - Bullish Tracker:
REDTONE, 0032 (RM0.52) , Ace Market, Telecommunications & Media.
Potential beneficiary of Jendela and 5G plan. Uptrend remain , accumulate during retracement phase.
Time frame: 7 days
Entry: RM0.50-0.52
Stop Loss: RM0.48
Resistance:RM0.535-0.565-0.61
Target price: RM0.565-0.60
Risk profile: Moderate
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