Friday, 27 July 2012

Daily Trading Stocks: Petronas Dagangan Bhd

PetDag may decline if it closes below RM21.00 today. A position can be liquidated if it happens and supports are expected at the psychological RM20.00 and prior high of RM19.30. The two-month long weak bias will only be nullified should the stock close above RM22.00; in the event of that, look for the uptrend to resume.


Source: OSK

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