DAILY TRADING STOCKS: HSPLANT

HS Plant may only trade higher if it closes above the psychological RM3.00 level. A purchase can be made if that happens, with a close below yesterday’s low of RM2.96 as stop-loss.  The price target is RM3.70, provided that  the  recent high of RM3.20 is violated convincingly. A failure to do so could see it declining, with a close below  the  recent low of RM2.84 as confirmation. Supports are at RM2.74 and RM2.64.

Source: OSK