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Daily Trading Stocks : Kuala Lumpur Kepong

kiasutrader
Publish date: Mon, 30 Jul 2012, 09:13 AM
KLK may decline after last Wednesday's 'Hammer' failed to push the stock higher. A position can be exited on a close below the candle low of RM23.25 and supports are expected at RM22.20 and RM21.60. Failure to break below could see a rebound but the negative bias is only nullified on a close above the recent high of RM24.50. Resistance levels are at RM25.00 and RM26.00.


Source: OSK
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