Tuesday 12 June 2012

DAILY TRADING STOCKS: CBSA


CBSA may fall further after closing below  the  3-month low of RM0.40 for 2 days in a row. Liquidation can be made below  this level. Support is at RM0.38, and if that is violated, the next support is expected at RM0.355. A close back above RM0.425 will indicate a false breakdown. Expect strong resistance at  the  recent high of RM0.45.

Source: OSK

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