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Daily Trading Stocks: Gopeng Bhd

kiasutrader
Publish date: Thu, 21 Jun 2012, 09:16 AM
Gopeng may rise further following yesterday's higher close. A purchase can be made at the current level, with a close below last week's low of RM0.82 as stop-loss. A conservative trader may wait until a close above the 1'' - year high of RM0.90 before entering. The price targets are the psychological RM1.00 and RM1.12. Failure to break  above  RM0.90  could  see  sellers  returning  though  strong support is expected at RM0.775.


Source: OSK
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