Journey to Wealth

Daily Trading Stocks: Perdana Petroleum Bhd

kiasutrader
Publish date: Wed, 01 Aug 2012, 09:13 AM
Perdana may decline after it failed to come up with a positive candle following  last  Thurday's  'Long  Black  Day'.  A  position  can  be liquidated  on  a  close  below  the  five-day  low  of  RM0.685  and supports  are  expected  at  RM0.61  and  RM0.58.  An  aggressive  trade may  even  exit  below  RM0.70.  However,  a  close  above  RM0.75  will erase the weak bias and should see it higher. Resistance levels are at RM0.80 and RM0.85


Source: OSK
Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 1 of 1 comments

edlim

osk recommend sell.........

2012-08-01 17:12

Post a Comment