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Daily Trading Stocks: Malayan Flour Mills Bhd

kiasutrader
Publish date: Fri, 10 Aug 2012, 09:19 AM
MFlour may climb higher if it stays above RM1.60. A purchase can be made on a close above RM1.65, with the recent low of RM1.50 as a stop-loss. An aggressive trader may even enter on another close above RM1.60. The price target is RM1.96, with selling also expected at RM1.80. Failure to break higher could see it continue sideways. Strong support is seen at RM1.40.

Source: OSK
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