Monday 6 August 2012

Daily Trading Stocks : Sunway Bhd


Sunway may decline after failing to break above RM2.35  despite testing it for over a month. A position can be exited below RM2.35 or otherwise, on a close below RM2.17.  Supports are expected at RM2.12 and RM2.05. Failure to break below RM2.17 may lead to  a rebound but  the  weak bias is only cancelled by a break above RM2.35.

Source: OSK

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