Friday 24 August 2012

Daily Trading Stocks- KBB Resources Bhd


KBB may rise further after closing the highest in more than three months. A position can be initiated above RM0.50, with a close below last Friday’s low of RM0.49 as a stop-loss. The price target is RM0.65, provided that the recent high of RM0.60 is violated. Failure to stay higher could see it moving sideways with supports at RM0.425 and RM0.385.

Source: OSK

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