Journey to Wealth
Daily Trading Stocks: SapuraKencana Petroleum Bhd
SKPetro may climb further following yesterday's firm move. A position can be initiated above the two-month resistance level of RM2.30, and a close below the recent low of RM2.19 can be employed as a stop-loss. Price targets are RM2.50 and RM2.60. Failure to stay above RM2.30 could see sellers returning, and see it continue its sideways trend. Strong support should come at the psychological RM2.00.
Source: OSK
Source: OSK
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Be the first to like this. Showing 4 of 4 comments
adjusting to $8 and now $11 is a past trend to SKPETRO. Currently Strong support are at 2.45, but the CRUDE OIL is not yet a steady in position that may *affect the counter due to *subjected to Global Impact.
2012-07-19 10:34
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CS Tan
4.9 / 5.0
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....
Wak Jono
go goo..i believed it can break 2.4 this week..
2012-07-18 13:43