Monday, 10 September 2012

Daily Trading Stocks - Kian Joo Can Factory Bhd

Kian  Joo  should  rally  further  after  a  firmer  close  last  Friday.  A purchase  can  be  made  above  RM2.65,  or  better  above  RM2.70, with  a  close  below  last week’s low of RM2.55  as  a  stop-loss.  The  price    target    is    RM3.15,    with    selling   expected    at    RM2.90.  The  stock    will    likely    trade    sideways    if    the    stop-loss    is    triggered. Further support is seen at RM2.40.

Source: OSK

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