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Daily Trading Stocks: SapuraKencana Petroleum Bhd

kiasutrader
Publish date: Wed, 18 Jul 2012, 09:27 AM
SKPetro  may  climb  further  following  yesterday's  firm  move.  A position  can  be  initiated  above  the  two-month  resistance  level  of RM2.30,  and  a  close  below  the  recent  low  of  RM2.19  can  be employed  as  a  stop-loss.  Price  targets  are  RM2.50  and  RM2.60. Failure to stay above RM2.30 could see sellers returning, and see it continue  its  sideways  trend.  Strong  support  should  come  at    the psychological RM2.00.


Source: OSK
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Be the first to like this. Showing 4 of 4 comments

Wak Jono

go goo..i believed it can break 2.4 this week..

2012-07-18 13:43

Wak Jono

By friday it break 2.5

2012-07-19 09:32

stockpro

break already

2012-07-19 10:30

Namoyaki Takarajima

adjusting to $8 and now $11 is a past trend to SKPETRO. Currently Strong support are at 2.45, but the CRUDE OIL is not yet a steady in position that may *affect the counter due to *subjected to Global Impact.

2012-07-19 10:34

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