Monday 23 July 2012

Daily Trading Stocks: Notion VTec Bhd

Notion’s rally may resume after forming positive candles last week. A position can be initiated above RM1.25 or otherwise above RM1.30 while a close below last week’s low of RM1.20 may be employed as a stop-loss. The price target is RM1.53, with selling also expected at RM1.35. The upward bias is likely cancelled should the stop-loss be triggered. Supports are at RM1.10 and RM1.00.


Source: OSK

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