Journey to Wealth

Daily Trading Stocks: Oldtown Bhd

kiasutrader
Publish date: Mon, 09 Jul 2012, 09:21 AM
kiasutrader
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Oldtown's uptrend should continue if it makes an all-time high's close above RM1.75. A position can be initiated if it happens and a close below the recent low of RM1.65 can be taken as a stop-loss. The price target is RM2.10, with resistance also expected at RM2.00. The stock may correct should it close below RM1.65. Supports are at RM1.57 and RM1.50.


Source: OSK
OLDTOWN (5201)
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Discussions
Be the first to like this. Showing 4 of 4 comments

Roger Hew

Looks like OLDTOWN Shares will be breaking the RM 2.00 mark soon... Good Stuff!

2012-07-13 17:25

CP TEH

Hi Roger,

HOw do you know that it will go to RM2? Should I buy hugely into it? I keep checking her ... and it is flying higher, so I do not chase.

Thanks

TEH

2012-07-13 17:29

Roger Hew

I have been accumulating this OLDTOWN shares since last year and it has been adding value to it's shares every quarter. I am long on this share and it pays good dividend too... Not too bad an investment.

2012-07-13 17:59

Roger Hew

OLDTOWN goes and break RM 2.00... Like I said...

2012-07-16 16:59

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