Wednesday 19 September 2012

Daily Trading Stocks - Pacific & Orient Bhd


P&O  may  rally  further  if  it  can  sustain  a  close  above  RM1.25.  A position can  be initiated above RM1.25, with a close below RM1.20 as  a  stop-loss.  The  price  target  is  RM1.50,  with  selling  expected  at RM1.40.  Look  for  the  stock  to  trade  sideways  if  the  stop-loss  is triggered and supports are seen at RM1.15 and RM1.05.
Source: OSK

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