Monday 9 July 2012

Daily Trading Stocks: Scope Industries Bhd

Scope’s rally should continue after it closed at its highest in over five years last Friday. A position can be initiated above RM0.30 with a close below last Friday’s low of RM0.285 employed as a stop-loss. The price target is RM0.385 with selling also expected at RM0.35. The stock may correct should the stop-loss be triggered and supports are at RM0.24 and RM0.20.


Source: OSK

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