Friday 8 June 2012

Daily Trading Stocks : Protasco

Protasco may resume the early year upward move after closing at a 3-month high yesterday. A purchase can be made on a close above RM0.95, or better still, above the February high of RM0.96, with a close below the 4-month low of RM0.92 as stop-loss. The price target is the June 2011 gap of RM1.07, provided that the psychological RM1.00 barrier is violated. But the stock should trade lower if the stop-loss is triggered, with a close below RM0.88 confirming the continuation of a downtrend.


Source: OSK

1 comment:

  1. http://protascopolicescam.blogspot.co.uk/2015/09/case-study-how-chong-ket-pen-grand-scam.html
    The con man who rob Protasco from his bosses is trying to con policemen. Amazing scam busted bringing down the company.

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