Thursday 9 August 2012

Daily Trading Stocks: MyEG Services

MyEG may decline after it lost all the gains made on Tuesday. A position can be exited below RM0.75, or if possible below RM0.80. Supports are expected at RM0.68 and RM0.66. However, a close back above RM0.80 will erase the negative bias. In such a case, look for it to trade higher, possibly testing RM1.00.

Source: OSK

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