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Daily Trading Stocks: Land & General Bhd

kiasutrader
Publish date: Tue, 07 Aug 2012, 09:27 AM
L&G should climb further after it printed an all-time high close above the psychological RM0.50. A position can be initiated above RM0.50 with a close below yesterday's low of RM0.49 as a stop-loss. The price targets are at the prior highs of RM0.55 and RM0.58. Failure to break higher could see it moving sideways with supports at RM0.465 and RM0.435.

Source: OSK
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