Friday, 5 October 2012

Daily Trading Stocks- Time Engineering Bhd


Time may rally further after closing above the 200-day MAV line yesterday. A purchase can be made above yesterday’s low of RM0.31, with a close below RM0.30 as a stop-loss. The price targets are prior highs of RM0.375 and RM0.40. A close below RM0.30 will nullify the positive bias and send the stock lower. Support is seen at RM0.27.
Source: OSK

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