Monday, 27 August 2012

Daily Trading Stocks- China Stationary Ltd


CSL may decline if it closes below its five-day low. A position can be liquidated if it closes below RM1.12 and strong support is expected at the psychological RM1.00. However, a close above RM1.15 will nullify the weak bias and give rise to a rebound. Resistance should come at May’s low of RM1.30.

Source:
 OSK

No comments:

Post a Comment