Friday 27 July 2012

Daily Trading Stocks: Ann Joo Resources Bhd

Ann Joo could trade lower after closing at its lowest for the year. A position can be liquidated if it closes below RM1.60 with supports expected at RM1.50 and RM1.30. A failure to break below could see the return of buying support but any buying will only be confirmed on a close above the recent RM1.70 low. Further resistance is at RM1.90.


Source: OSK

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