Friday 3 August 2012

Daily Trading Stocks: UOA Development Bhd

UOADev rebound may resume if it can hold above the low made this week. A purchase can be made above the 3-day high of RM1.73, with a close below RM1.65 as a stop-loss. The price target is the psychological RM2.00, provided that recent high of RM1.80 is violated. A close below RM1.65 could see the stock trend lower. Supports lie at RM1.58 and RM1.46.


Source: OSK

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