Thursday 9 August 2012

Daily Trading Stocks: Asia Media Group

AMedia may decline after the high volume trade yesterday. However, weakness is confirmed on a close below RM0.80, at which liquidation can be made. Supports are at RM0.68 and RM0.61. The weak bias is nullified should the stock close above yesterday’s high of RM0.90. In which case, look for it to test RM1.00 instead.

Source: OSK

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