Daily Trading Stocks : Deleum Bhd

Deleum’s rally should continue after closing  at its  highest for the year yesterday. A purchase can be made on a close above RM2.00, with a close below  the  week’s low of RM1.85 as  a  stop-loss. The price target is RM2.40, with selling also anticipated at RM2.20. The trade may not work should it fail to break higher and further supports are at RM1.80 and RM1.60.

Source: OSK