Monday 2 July 2012

Daily Trading Stocks: MBF Holdings Bhd


MBF Holdings should climb further after the firm close last Friday. A position can be initiated above RM1.00, or if possible, on a pullback towards  a  stop-loss of RM0.87.  the price targets are RM1.20 and
RM1.35, provided that the early year high of RM1.10 is breached. However, the trade will not work should the stop-loss be triggered. Supports are seen at RM0.76 and RM0.68.

Source: OSK

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