Thursday 23 August 2012

Daily Trading Stocks- JCY International Bhd

JCY may decline after closing at a three-month low. An aggressive trader may exit below RM1.40 or otherwise, a position can be liquidated below the RM1.30 support level. Supports are seen at RM1.20 and RM1.07. Failure to break below RM1.30 may lead to a rebound but resistance is expected at RM1.50 and RM1.60.

Source: OSK

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