Wednesday 8 August 2012

Daily Trading Stocks: Hua Yang

Hua Yang should climb further after it printed another all-time high. A position can be initiated above RM2.06, with a close below the psychological RM2.00 as a stop-loss. The price target is at RM2.45, with selling also expected at RM2.30. The stock may correct should the stop-loss is triggered. Supports are expected at RM1.81 and RM1.74.

Source: OSK

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