Buy signal triggered based on MRV1 setup at RM0.275; 20% target at RM0.330; stop loss at RM0.245; 2-3 months due to the signal based on the daily timeframe. **Only for discussion purposes. Not a buy / sell call.
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On 3 January 2023, Melewar triggered the MRV1 signal once more at the closing price of RM0.285