Wednesday 27 June 2012

Daily Trading Stocks: Kelington Group Bhd

Kelington’s upward momentum should continue after it closed at its all time high. A position can be initiated above RM1.10, with a close below the gap of RM1.05 as stop-loss. The price target is RM1.33, with selling also expected at RM1.21. The trade may not work should the stop-loss be triggered but expect strong support at the psychological RM0.96.


Source: OSK

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