Wednesday 8 August 2012

Daily Trading Stocks: Guan Chong


GCB may rally further if it can close above RM3.15. A position can be initiated if it happens, and a close below the psychological RM3.00 can be employed as a stop-loss. The price target is at RM3.55, with selling expected at RM3.40. Failure to break higher should see it moving sideways and further support is at RM2.90.

Source: OSK

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