Journey to Wealth
Trading Stocks - 4 March 2013
BLD Plantation may climb after gapping above the 200-day MAV line. A purchase can be made if the stock stays above RM8.50, with a close below RM8.20 as stop-loss. The price target is the prior high of RM9.40, if the round figure at RM9.00 is broken. Failure to stay above RM8.50 could see the stock move sideways, with strong support seen at RM7.80.
IGB's downside risk has increased after an unsuccessful attempt at breaking the RM2.30 resistance level. Traders can liquidate as long as the stock stays below RM2.30, with supports anticipated at RM2.20 and RM2.00. A close above RM2.30, however, may trigger off buying, with resistance seen at RM2.40, and a stronger one at RM2.45.
Source: RHB
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
Market Buzz
More articles on Journey to Wealth
Ekovest: No plan to launch another offer for Iskandar Waterfront City
Created by kiasutrader | Mar 29, 2018
Kenanga Research - On our Portfolio - Parliament dissolution around the corner?
Created by kiasutrader | Mar 25, 2013
Plantation Sector - Proposed accounting standard scrapped OVERWEIGHT
Created by kiasutrader | Mar 25, 2013
Pavilion Reit - Limited upside, earnings upside have been priced in HOLD
Created by kiasutrader | Mar 25, 2013
Discussions
Be the first to like this. Showing 1 of 1 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
Axcapital's investment blog
KAB - Executing its way to a record quarter. Could more Petronas contracts be coming?
3
4
Koon Yew Yin's Blog
5
BFM Podcast
6
BFM Podcast
7
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lotsofmoney
Buy low and sell high, forget about the charts.
2013-03-04 13:46