Thursday 19 July 2012

Daily Trading Stocks : Censof

Censof may decline after recent high-volume trade failed to see it closing above the psychological RM0.50. A position can be liquidated below RM0.50 and supports are expected at RM0.425 and RM0.40. However, the weak bias is nullified if the stock manages a close above RM0.50. That should lead it higher and resistance levels are at RM0.55 and RM0.60


Source: OSK

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