Journey to Wealth
Daily Trading Stocks : Malaysia Pacific Industries
MPI may rebound if it can build up on the gap of Wednesday. A purchase can be made on a close above the 2-day high of RM3.01, with a close below the gap low of RM2.96 as stop-loss. The price targets are the Fibonacci levels of the 4-month decline of RM3.20 and RM3.30. A close below RM2.96 should erase the upside bias and see the stock trade lower. Supports are at RM2.85 and RM2.70.
Source: OSK
Source: OSK
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
