Friday, 3 August 2012

Daily Trading Stocks: Borneo Aqua Harvest Bhd

Bahvest’s climb may continue after it closed above RM0.60 yesterday. A purchase can be made above RM0.60, with a close below yesterday’s low of RM0.585 as a tight stop-loss. The price targets are the prior highs of RM0.64 and RM0.70. However, a close below RM0.55 will nullify the positive bias and may even spell the end of current rally.


Source: OSK

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