Tuesday 14 August 2012

Daily Trading Stocks : Muar Ban Lee

MBL may rise further after closing the highest since its listing. A purchase can be made on a close above RM1.20, with a close below the recent low of RM1.10 as stop-loss. The price target is RM1.43, with resistance also expected at RM1.32. The stock may however correct should it close below RM1.10. Supports are seen at RM1.00 and RM0.95.

Source: OSK

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