Wednesday, 25 July 2012

Daily Trading Stocks: Tanjung Offshore Bhd

TGOFFS may climb higher if it closes above RM1.00 today. A position can be initiated if it happens and yesterday’s low of RM0.90 can be employed as a stop-loss. Price targets are RM1.20 and RM1.32. Failure to break higher could see it sideways for the short-term and weakness only sets in should the stock close below RM0.90. Support is at RM0.80.


Source: OSK

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