Monday, 23 July 2012

Daily Trading Stocks: MK Land Holdings Bhd

MKLand may climb further after gapping up last Friday. A position can be initiated on a close above last Friday’s high of RM0.345, with a close below last Friday’s low of RM0.325 as a stop-loss. The price target is RM0.41, with selling also anticipated at RM0.38. A close below RM0.325 may nullify the upward bias and supports are at RM0.29 and RM0.26.


Source: OSK

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