Wednesday 25 July 2012

Daily Trading Stocks: Time Engineering Bhd

Time may decline if the five-month support level of RM0.315 is broken. A position can be liquidated if it happens and supports are expected at RM0.28 and RM0.25. Failure to break below indicates buying support is still present but it is only confirmed on a close above the two-month high of RM0.34. Resistance can be found at the prior highs of RM0.385 and RM0.42.


Source: OSK

1 comment:

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