Journey to Wealth

Daily Trading Stocks : Johore Tin

kiasutrader
Publish date: Thu, 07 Jun 2012, 11:02 AM
Johore Tin may have found a bottom after holding above RM1.16, the gap of early March. But upside bias is only confirmed on a close above Monday's black candle of RM1.23. A position can be initiated if it happens with a close below RM1.16 as stop-loss. The price target is RM1.85, provided that the recent high of RM1.45 is violated convincingly. Look for the correction to continue should it close below RM1.16 with supports at RM1.09 and RM1.00.


Source: OSK
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