Journey to Wealth
Daily Trading Stocks: Bandar Raya Development Bhd
BRDB may rally further if it can break above the one-year resistance of RM2.50. A position can be initiated if it closes above the level with a close below the recent low of RM2.30 as a stop-loss. A conservative trade will be to wait until a close above RM2.60, 2011's intraday high, before initiating a position.The price targets are RM2.80 and the psychological RM3.00. Failure to break higher could see the stock lower and supports are at RM2.00 and RM1.80.
Source: OSK
Source: OSK
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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....
