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TECHNICAL STOCKPICK SMRT (BUY, TP: RM2.19)
The sharp recovery suggests the potential formation of a rounding bottom—a bullish reversal pattern indicating a shift from downtrend to uptrend. A confirmed breakout could see the stock testing resistance at RM1.09 (200D MA) and RM1.18 (76.4% FR). On the downside, key support levels are pegged at RM0.94 (38.2% FR) and RM0.90 (30D MA).
