Monday 13 August 2012

Daily Trading Stocks : Redtone International Bhd


Redtone may rebound after a firmer close last Monday. A purchase can be made above RM0.33, with a close below RM0.31 as a stoploss. The price target is RM0.45, provided that  the  recent high of RM0.38 is violated. A correction may however ensue should the stop-loss is triggered. Supports are at RM0.265 and RM0.235.

Source: OSK

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