Tuesday 7 August 2012

Daily Trading Stocks: Land & General Bhd

L&G should climb further after it printed an all-time high close above the psychological RM0.50. A position can be initiated above RM0.50 with a close below yesterday’s low of RM0.49 as a stop-loss. The price targets are at the prior highs of RM0.55 and RM0.58. Failure to break higher could see it moving sideways with supports at RM0.465 and RM0.435.

Source: OSK

No comments:

Post a Comment