Monday 13 August 2012

Daily Trading Stocks : Tasco Bhd


Tasco’s climb should continue if it closes above the RM2.20 resistance level.  A purchase can be made above the  level, with a close below the psychological RM2.00 as a stop-loss. An aggressive trader may even enter above RM2.15. The price target is RM2.50, with selling also expected at RM2.35.  The stock may correct if the stop-loss is triggered. Further support is seen at RM1.80.

Source: OSK

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