Friday 21 September 2012

Daily Trading Stocks- Scomi Group Bhd


Scomi may correct the month-long rebound after a weak close yesterday. A position can be liquidated on a close below RM0.325, with supports seen at RM0.29 and MM0.26. A sustained close above RM0.325 however indicates that buying is not letting up. Look for the stock to trade higher instead, with resistance at RM0.37 and RM0.40.
Source: OSK

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