Wednesday 22 August 2012

Daily Trading Stocks- TIME dotCom Bhd

TIMECom’s rebound should continue if it can close above the RM3.50 resistance level. A purchase can be made if it happens, with a close below last week’s low of RM3.30 as a stop-loss. An aggressive trader may even enter on a close above RM3.40. The price targets are at prior highs of RM3.75 and RM4.00. The stock may decline if it closes below RM3.30. Supports are seen at RM3.15 and RM2.90.

Source: OSK

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