BRDB’s six-month sideways move should have ended after it closed at its highest in more than ten months. A position can be initiated above RM2.40 with a close below RM2.25 as a stop-loss. A conservative trade may wait until a close above RM2.50 before entering. Price target is RM3.10. A failure to stay above RM2.40 could see a return of selling with a close below RM2.20 as confirmation. Supports are at RM2.10 and RM2.00.
Source: OSK
No comments:
Post a Comment