Tuesday, 3 July 2012

Daily Trading Stocks: MK Land Holdings Bhd

MK Land’s rebound may continue if it can close again above the psychological RM0.30 resistance level. A purchase can be made if it happens, with a close below last week’s low of RM0.28 as a stop-loss. The price target is the early year high of RM0.35, with possible selling at RM0.33. Failure to break higher could see a return in selling but expect strong support in the area of RM0.25-RM0.26.


Source: OSK

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