Friday 10 August 2012

Daily Trading Stocks: Media Prima Bhd

Media may rise further after it failed to break below the RM2.35 support level. A purchase can be made on a close above RM2.44, with a close below RM2.35 employed as a stop-loss. The price target is at its prior high of RM2.75, with selling also expected at RM2.60. The stock will decline if the stop-loss is triggered. Supports are at RM2.20 and RM2.10.

Source: OSK

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