Daily Trading Stocks : Kinsteel Bhd

Kinsteel may decline again after it closed at its lowest in more than 4 years. A position can be liquidated below RM0.415, or otherwise below RM0.40, and supports are anticipated at RM0.37 and RM0.33. Failure to break below RM0.40 could see a return of buying support but  the stock  has to close above RM0.45 to keep the upward bias intact.

Source: OSK