Sunway should continue scaling higher after holding on to the gains of Wednesday. A purchase can be made if the stock stays above RM2.80, with a close below RM2.72 as a stop-loss. The price target is RM3.30, if the psychological RM3.00 is broken. Failure to stay above RM2.80 should see the stock move sideways, with support seen at RM2.60 and RM2.50.
Poh Huat may rise further after closing the highest in more than a year. A position can be initiated if the stock stays above RM0.47, with a close below RM0.46 as a stop-loss. The price target is at RM0.585, with resistance also expected at RM0.525. A close below RM0.46 will likely see the stock trade sideways, with strong support at RM0.40.
Source: ;RHB
No comments:
Post a Comment