Daily Trading Stocks - United Malayan Land Bh

UM Land should continue its climb after closing  at  its highest in 4 years yesterday. A purchase can be made  at  RM2.02, with a close below  the  recent  low  of  RM1.95 as stop-loss.  The price target is RM2.40, with selling also expected at RM2.20. A failure to hold above RM2.20 may invite selling, with a trigger of  the stop-loss as confirmation. Expect supports at RM1.83 and RM1.72.

Source: OSK