Wednesday 15 August 2012

Daily Trading Stocks - Bright Packaging Industry Bhd

Bright is likely to trade higher after finishing above RM1.50 for two days in a row. A purchase can be made above RM1.50, with a close below RM1.40 as a stop-loss. The price target is RM2.00, with resistance also expected at RM1.80. The stock may correct if the stop-loss is triggered. Strong support is expected at RM1.10.

Source: OSK

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