Friday, 10 August 2012

Daily Trading Stocks: IGB Corp

IGB may decline after closing at its lowest in more than six months. A position can be liquidated on a close below RM2.65 and supports are anticipated at RM2.50 and RM2.35. However, a close above RM2.80 will nullify the weak bias. Strong resistance is at RM3.00 and a successful violation should see the stock higher.

Source: OSK

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