MediaC’s six-month sideways consolidation should be over after it broke above the RM1.25 resistance level yesterday. A position can be initiated above RM1.25 with a close below this week’s low of RM1.20. The price target is RM1.45, provided that RM1.30 is violated. The stock will return to a sideways move should the stop-loss be triggered and strong support is at RM1.15.
Source: OSK
No comments:
Post a Comment