Wednesday 8 August 2012

Daily Trading Stocks: Zelan Bhd

Zelan may decline if it closes below the three-month support level of RM0.365. Liquidation can be done if it happens and supports are expected at RM0.325 and RM0.30. The weak bias will only be cancelled if it closes above RM0.40. That may push it higher and resistance is seen at RM0.45.

Source: OSK

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