The table below is a compilation of actively traded stocks with their stop-loss, support and upside targets together with some popular technical indicators. Stock name in bold represents stocks that are expected to attract momentum trading plays and hence encourage retail or short-term trading participation. Share price in bold reflects revised stop-loss, support and upside targets.
Recommendation (REC) in bold indicates changes to recent technical calls.
Comments: Look to Take Profit or Sell on Rally AMMB as we anticipate profit-taking interest will increase towards the RM2.60 immediate upside target. Similarly, Tenaga should see strong profit-taking at RM6.40 and higher. Meanwhile, expect further price correction on KPS and Puncak Niaga as the privatization plan by the Selangor stage government of its water supply assets may not gain support from the federal government due to political differences.
Tuesday, February 17, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment