Journey to Wealth

Daily Trading Stocks: United Malacca Bhd

kiasutrader
Publish date: Thu, 09 Aug 2012, 09:13 AM
UMCCA should climb higher if it stays above RM7.80. A purchase can be made on a close above RM7.80, with the recent low of RM7.55 as a stop-loss. An aggressive trader may even opt for yesterday's low of RM7.64 as a stop-loss. The price target is RM8.75, with selling also expected at RM8.00. Failure to break higher could see it consolidating sideways. Strong support is seen at RM7.00.

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

Post a Comment