Daily Trading Stocks : Redtone International Bhd

Redtone’s rebound should continue after it closed back above the psychological RM0.30 yesterday. A position can be initiated above the level, with a close below Monday’s low of RM0.285 as a stoploss. The price target is RM0.43, provided that the 52-week high of RM0.35 is violated. The stock may decline should the stop-loss be triggered and supports can be found at RM0.23 and RM0.18.

Source: OSK