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Daily Trading Stocks: KLCC Property Holdings Bhd

kiasutrader
Publish date: Mon, 09 Jul 2012, 09:24 AM
KLCCP's  rally  may  resume  after  it  printed  an  all-time  high  on  last Friday's close.  A  purchase  can  be  made  at  the  current  level,  with  a close below last week's low of RM4.65 as a stop-loss. A conservative trade  can  wait  until  a  close  above  RM5.00  occurs,  before  entering. The price target is RM5.85 with resistance also expected at RM5.50. However,  a  correction  may  ensue  if  the  stop-loss  is  triggered. Supports are at RM4.35 and RM4.17.


Source: OSK
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