Friday 21 September 2012

Daily Trading Stocks- Glomac Bhd


Glomac may fall further if the stock closes below the four-month support level of RM0.78. A position can be exited if it happens and supports are expected at RM0.725 and RM0.68. Failure to break below RM0.78 should stimulate a return in buying, which requires a confirmation by a close above RM0.82. Further resistance is seen at RM0.90.
Source: OSK

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