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: Blue chips led by banking stocks should stage consolidation today due to overbought conditions after recent gains, but the revival of active rotational plays on construction related lower liners such as Ranhill, UEM Land, Zelan and Jaks Resources and steel-related stocks Kinsteel and Lion Ind with most closing near the day’s high should
sustain trading interest for the immediate term.
Thursday, May 7, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment