Wednesday 18 July 2012

Daily Trading Stocks: Pavilion REIT

PavREIT rally should continue after printing another all-time high yesterday. A purchase can be made above the prior high of RM1.30, with a close below the recent low of RM1.24 as a stop-loss. The price target is RM1.45, with selling also expected at RM1.40. The stock could trade sideways should the stop loss be triggered. Supports are expected at RM1.14 and RM1.10.


Source: OSK

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