Tuesday, 3 July 2012

Daily Trading Stocks: Multi-Purpose Holdings Bhd

MPHB may resume its uptrend after reacting positively to the RM3.30 support level. A purchase can be made above the prior four-day high of RM3.39, with a close below RM3.30 as a stop-loss. The price targets are RM3.70 and RM3.80. However, a correction may ensue should the stop-loss be triggered. Supports are at RM3.10 and RM3.00.


Source: Kenanga

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