Monday 16 July 2012

Daily Trading Stocks: Guinness Anchor Bhd

Guinness should continue higher after printing an all-time high close last Friday. A position can be initatiated at the current level or otherwise, on a close above RM14.00 with a stop-loss on a close below the recent low of RM13.20. Price targets are at RM16.00 and RM17.00. Failure to break RM14.00 could see it continue sideways, with strong support at RM12.50.


Source: OSK

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