Daily Trading Stocks - Tanjung Offshore Bhd

Tanjung may resume its rebound if it can close above RM0.80.  A position can be  initiated if  that  happens, with a close below  the recent low of RM0.77 as stop-loss. The price target is the gap of Apr of RM0.90,  and followed by  the  psychological RM1.00.  A close below RM0.77 will see the stock correcting the June rebound. Supports are at RM0.72 and RM0.70.

Source: OSK