Thursday 2 August 2012

Daily Trading Stocks : Borneo Oil Bhd


Borneo Oil’s climb may continue if it closes above RM0.55 today. A purchase can be made if it happens, with a close below  the psychological RM0.50 as stop-loss.  The price targets are RM0.60 and RM0.65. However, a close below RM0.50 will nullify the positive bias and may even spell the end of current rally.

Source: OSK

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