Kenanga Research & Investment
Highlights / Stock Picks of the Day - Integrated Rubber Corp (IRCB) - Not Rated
On Tuesday, IRCB rose 2 sen to close at 41 sen on increased volume. As a result, IRCB has broken out from a 4-month long “Symmetrical Triangle” to establish a new uptrend. The key indicators have also shown some improvements and are firmly upward biased now. IRCB could potentially retest its recent highs of 44.5 sen and 55 sen next. Downside seems limited from here, and we expect strong support buying to emerge at the 38 sen level.
Source: Kenanga
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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....
