Technical Buy Willowglen

Target Price: RM0.330, RM0.350

Last closing price: RM0.315

Potential return: 4.7%, 11.1%

Support: RM0.305

Stop Loss: RM0.265

Possible for sideways breakout. WILLOW is potentially staging a breakout from its sideways channel, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.330 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.350. However, failure to hold on to support level of RM0.305 may indicate weakness in the share price and hence, a cut-loss signa