Monday 18 June 2012

Daily Trading Stocks : Latexx Partners

Latexx may climb higher after the strong close on heavier volume last Friday. A purchase can be made on a close above the psychological RM1.50, with a close below RM1.40 as stop-loss. The price targets are the Fibonacci levels of the 6-month decline at RM1.70 and RM1.80. However, failure to break above RM1.50 may lead to selling, with a close below RM1.40 as confirmation. Supports are seen at RM1.30 and RM1.20.


Source: OSK

No comments:

Post a Comment