Daily Trading Stocks : Berjaya Assets Bhd

Berjaya Assets’ 2011-2012 correction could be over after it closed at a 52-week high on high volume yesterday. A position can be initiated above RM0.90, with a close below the level as a stop-loss. The price
targets are the Fibonacci levels of the decline at RM1.06 and RM1.13.  Failure to stay above RM0.90 should see  the stock returning to sideways trade with strong supports at RM0.82 and RM0.75.

Source: OSK