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Axiata Group Berhad’s stock recently surged to RM2.69, nearing its 52-week high, with strong trading volume signaling high investor interest. Analysts remain optimistic, with price targets up to RM3.57. However, technical indicators suggest a possible short-term pullback. The upcoming Q2 earnings on August 28 may determine the next move. Overall, the outlook is positive but short-term caution is advised.