Tuesday 31 July 2012

Daily Trading Stocks: GW Plastic Holding Bhd

GW Plastic may scale higher if it can break above the one-year resistance level of RM0.75. A purchase can be made if it closes above the level and a close below the recent low of RM0.715 can be employed as a stop-loss. The price target is RM0.83, with selling also expected at RM0.80. Failure to break higher may embolden sellers and further support is at RM0.63.


Source: OSK

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