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Daily Trading Stocks: Tebrau Teguh Bhd

kiasutrader
Publish date: Wed, 25 Jul 2012, 09:16 AM
Tebrau  could  rise  further  if  it  can  muster  a  close  above  the  three-month  resistance  of  RM0.77.  A  purchase  can  be made  if  the  stock closes  above  the  level  with  a  close  below  the  one-month  low  of RM0.735  as  a  stop-loss.  Price  targets  are  at  RM0.815  and  RM0.85. However, failure to break resistance could  see the  stock lower with a  close  below  RM0.735  as  confirmation.  Supports  are  at  RM0.715 and RM0.665.


Source: OSK
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