Wednesday 1 August 2012

Daily Trading Stocks: Tanjung Offshore Bhd

TGOffs’ rally may resume after the firmer move yesterday. A purchase can be made above RM0.95, or otherwise above RM1.00, with a close below the gap of RM0.90 as a stop-loss. The price targets are at RM1.20 and RM1.32. Failure to break higher could see it sideways for the short-term and weakness only sets in should the stock close below RM0.90. Support is at RM0.80.


Source: OSK

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