Monday 30 July 2012

Daily Trading Stocks: Classic Scenic Bhd

This stock may climb further after closing at its highest in almost five years. A position can be initiated above RM1.10, with a close below the latest low of RM1.07 as a stop-loss. The price target is at RM1.30, with selling also expected at RM1.20. The upward bias is nullified if the stop-loss is triggered and the stock may trade sideways with supports at RM1.00 and RM0.95.


Source: OSK

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