Journey to Wealth
Daily Trading Stocks: Petronas Chemicals Group Berhad
PCHEM has to close above RM6.65 or risk falling further. Weakness is confirmed on another close below RM6.55 and a position can be liquidated if it happens. Support is expected at the recent low of RM6.40 but a violation of that could see the stock at RM6.05, with support also expected at RM6.20. However, a close above RM6.65 should see the continuation of a rebound though there is strong resistance at RM7.00.
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....
