Selling pressure will continue to act on Affin until the RM3.40 resistance level is broken. A position can be initiated if it happens, with a close below the recent low of RM3.18 as stop-loss. The price target is the 2011 high of RM3.70. However, failure to break this resistance could see further sideways action. Expect strong support at the gap of RM3.10.
Source: OSK
No comments:
Post a Comment