Journey to Wealth

Daily Trading Stocks: Redtone International Bhd

kiasutrader
Publish date: Thu, 26 Jul 2012, 09:06 AM
Redtone may climb higher after closing above the one-year resistance level of RM0.35 for two consecutive days. A position can be initiated above RM0.35, with a close below week low of RM0.34 as a stop-loss. The price target is the prior high of RM0.45 with resistance also expected at RM0.40. Failure to hold above RM0.35 could see it sideways with strong support at RM0.30.


Source: OSK
Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment