Monday 30 July 2012

Daily Trading Stocks : Media Prima

Media may decline further after the sharp fall last Friday. A position can be liquidated below RM2.40 and supports are expected at the prior low of RM2.10 and psychological RM2.00. The trade may not work should the stock close above the recent high of RM2.44. Look for it to trade higher instead, with resistance at RM2.60 and RM2.75.


Source: OSK

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