Thursday 14 June 2012

Daily Trading Stocks : Crest Builder

Crest Builders may trade higher after holding well to Monday’s gain. A purchase can be made on a close above the 3-day high of RM1.08, or better still on a close above RM1.10. A close below the 2-day low of RM1.06 can be taken as stop-loss. The price targets are RM1.20 and RM1.30. A failure to close above RM1.10 may invite selling. Expect strong support at RM1.00, a violation of which will likely signal the end of the current rally.


Source: OSK

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