Tuesday 24 July 2012

Daily Trading Stocks: Harvest Court Industries Bhd

Harvest’s  upward  bias  is  still  intact  after  closing  above  the  round figure of RM0.60 yesterday, which was accompanied by a gap up. A purchase can be made on another close above RM0.60, with a close below last week’s low of RM0.56 as a  stop-loss.  Price  targets  are RM0.70  and  May’s  high  of  RM0.735,  provided  that  the  recent  high of RM0.65 is violated. A close below RM0.56 should see it lower and support is at RM0.48.


Source: OSK

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