Can-One should resume its upward climb after closing above the 6-month resistance level of RM2.20 yesterday on firm volume. A purchase can be made above that level with a close below yesterday’s low of RM2.15 as stop-loss. The price target is RM3.00, with resistance also expected at RM2.60. A close below RM2.15 may not see the trade working, with confirmation on a close below RM2.00. Further supports lie at RM1.80 and RM1.60.
Source: OSK
No comments:
Post a Comment