Wednesday 19 September 2012

Daily Trading Stocks - QL Resources Bhd


QL  could  fall  further  if  the  stock  closes  below  the  four-month support level of RM3.08. A position can be exited if it happens, with supports  are  expected  at  RM2.95  and  RM2.85.  Failure  to  break below  RM3.08  may  lead  to  a  return  in  buying,  but  the  weak  bias  is only cancelled on a close above the RM3.30 resistance level.
Source: OSK

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