Friday 13 July 2012

Daily Trading Stocks : Kumpulan Hartanah Selangor Bhd


KHSB’s rebound is likely to extend if it closes above RM0.50 today. A purchase can be made on another close above RM0.50, with a close below the psychological level as a stop-loss. The price target is  the
Fibonacci level of the Feb-June decline at RM0.60 and RM0.70. Failure to stay above RM0.50 could see it lower, with supports at RM0.45 and RM0.40.

Source: OSK

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