Friday, 29 June 2012

Daily Trading Stocks: Yinson Holdings Bhd

Yinson’s  uptrend  should  continue  as  long  as  it  stays  above  the  3-week  low  of  RM2.06  support  level.  An  aggressive  trader  may accumulate above this level or otherwise, purchase can be made on a  close  above  the  recent  high  of  RM2.20.  The  price  targets  are RM2.50  and  RM2.40.  Failure  to  break  the  resistance  may  invite selling, which is confirmed by a close below RM2.06. Supports  lie at RM1.91 and RM1.83.


Source: OSK

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