Tuesday 14 August 2012

Daily Trading Stocks : SKP Resources

Failure to break the RM0.315 support level has shored up SKPRes, while a break above RM0.375 could see it even higher. A purchase can be made on a close above the level, with a close below the three-day low of RM0.355 as a stop-loss. The price target is RM0.43, provided that RM0.40 is violated. The stock should continue sideways if it closes below RM0.355 and supports are at RM0.335 and RM0.315.

Source: OSK

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