Tuesday 12 June 2012

DAILY TRADING STOCKS: WCT


WCT may trade higher if it can break above  the  2-week high of RM2.45. A purchase can be made if it happens, with a close below the consolidation low of RM2.35 as stop-loss. The price targets are RM2.55 and RM2.64.  A failure to close above RM2.45 may embolden sellers and the weakness should be confirmed on a close below RM2.35. Supports are seen at RM2.17 and RM2.06.

Source: OSK

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