Friday 17 August 2012

Daily Trading Stocks- Tambun Indah Land Bhd

Tambun’s rebound should continue after closing at its one-year high yesterday. A position can be initiated above RM0.65, with a close below this week’s low of RM0.63 as a stop-loss. The price target is at prior high of RM0.75, with selling also expected at RM0.70. Correction may ensue if the stop-loss is triggered. Support is expected at RM0.59.

Source: OSK

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