Thursday 27 September 2012

Daily Trading Stocks- Malaysia Resources Corp Bhd


MRCB should push lower after closing the lowest in more than two years yesterday. A trader can liquidate below RM1.55, or otherwise below RM1.50, with supports seen at RM1.36 and RM1.25. A close above RM1.68 may nullify the weak bias and lead to a rebound, but strong resistance is expected at RM1.90.
Source: OSK

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