Monday, 25 June 2012

Daily Trading Stocks: Smartag Solutions Bhd

Smartag’s rebound may continue after it closed above RM0.255 for 2 days in a row. A position can be initiated above this level, with a close below last Friday’s low of RM0.245 as stop-loss. The price targets are RM0.30 and RM0.33. The stock’s upward bias will be nullified should the stop-loss be triggered. Expect strong support at the recent low of RM0.21


Source: OSK

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