Monday, 25 June 2012

Daily Trading Stocks: Dutch Lady Milk Industries Bhd

Dutch Lady should resume its upward move after closing above the RM36.00 resistance level for 2 days in a row. A purchase can be made above RM36.00, with stop-loss on a close below the gap of RM34.00. The price target is RM42.00, with resistance also expected at RM40.00. The stock may fall should the stop-loss be triggered but expect strong support at RM30.00.


Source: OSK

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