Tuesday 7 August 2012

Daily Trading Stocks: Integrax Bhd

Integrax should rally further if it can print an all-time high close above RM1.46. A purchase can be made if it happens, or otherwise on a close above the psychological RM1.50, with a close below RM1.42 as a stop-loss. The price target is at 2011’s high of RM1.80, with selling anticipated at RM1.65. Failure to close higher will likely see it consolidating sideways, with supports at RM1.35 and RM1.25.

Source: OSK

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