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OBHB appears poised to stage another breakout from its downtrend, with continued improvement in both momentum and trend anticipated in the near term. Should immediate resistance level of RM0.190 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.200. However, failure to hold on to support level of RM0.160 may indicate weakness in the share price and hence, a cut-loss signal.
