Journey to Wealth

Daily Trading Stock : Hap Seng Plantations Holdings Bhd

kiasutrader
Publish date: Fri, 20 Jul 2012, 09:53 AM

HSPlant's rebound should continue if it closes above the five-month resistance level of  RM3.20. A position can be initiated on a close above the level, while a close below RM3.10 can be employed as a stop-loss. The price target is RM3.75, with selling also anticipated at RM3.40. Failure to break higher could see it sideways, with supports at RM3.00 and RM2.85.

Source: OSK
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