Wednesday 8 August 2012

Daily Trading Stocks: WTK Holdings Bhd

WTK may fall further if it closes below the three-month support level of RM1.17. A position can be liquidated if it happens and supports are expected at RM1.08 and RM1.03. The weak bias however will be nullified if it closes above July’s high of RM1.27. In such a case, the stock may rebound instead with resistance at RM1.35.

Source: OSK

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