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Daily Trading Stocks: Daibochi Plastic & Packaging Bhd

kiasutrader
Publish date: Thu, 21 Jun 2012, 09:15 AM
Daibochi may climb further if it can close above the 1''  year high of the  psychological  RM3.00.  A  position  can  be  initiated  if  that happens,  with  a  stop-loss  on  the  recent  low  of  RM2.70.  The  price target is RM5.50, provided that the 2010 high of RM4.00 is violated. Failure  to  break  higher  should  see  it  continue  trading  sideways. Stronger support is at the stop-loss at RM2.70.


Source: OSK
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