On Friday, we saw the stock experience a massive intraday reversal, spiking from a capitulation low of RM0.725 to close at RM0.750 on huge volume. That showed the sellers were already exhausted.
If the political hype manages to push the stock above RM0.765 tomorrow, it opens up a clear short-term run toward RM0.79 – RM0.81 later in the week.