Journey to Wealth

Daily Trading Stocks : Pacific & Orient

kiasutrader
Publish date: Fri, 22 Jun 2012, 12:40 PM
P&O may trade higher if it can close above RM1.00 today. A position can be initiated if it happens, with a close below yesterday's low of RM0.95 as stop-loss. The price target is RM1.20, provided that the early year high of RM1.13 is violated. Sellers should return if the stock closes below RM0.95, with a close below the recent low of RM0.90 serving as confirmation. Supports lie at RM0.86 and RM0.80.


Source: OSK
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