Tuesday 17 July 2012

Daily Trading Stocks: Prestariang Bhd

Prestariang should climb further after printing another all-time high close yesterday. A purchase can be made above RM1.30, with a close below last week’s low of RM1.24 as a stop-loss. The price target is RM1.50, with selling also anticipated at RM1.40. Failure to hold above RM1.30 could lead to a correction with the trigger of the stop-loss as confirmation. Supports are expected at RM1.12 and RM1.07.


Source: OSK

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