Monday, 2 July 2012

Daily Trading Stocks: Alliance Financial Group Bhd


AFG should continue to climb higher as long as it stays above RM4.00.  A position can be  initiated above the level, with a close below as stop-loss. The price target is RM4.70, with selling also expected at RM4.50. The trade may not work should the stop-loss be triggered but expect strong support at RM3.70.

Source: OSK

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