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Stocks Compilation Table 3 By Zhuge Liang
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. Recommendations (REC) in bold indicates changes to recent technical calls.
Comments:
Look to Sell breakout rallies in KNM, MRCB, Ranhill, Tebrau and UEM Land to their revised upside targets given the increasing overbought momentum which will trigger significant profit-taking corrections ahead. Meantime, rotational trading plays may switch to Kinsteel (BUY) and MMC Corp (BOD) after the recent constructive base building action. Continue to Sell on Rally (SOR) Green Packet as the sell-off from high of RM1.31 yesterday will reinforce stale bull selling.
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. Recommendations (REC) in bold indicates changes to recent technical calls.
Comments:
Look to Sell breakout rallies in KNM, MRCB, Ranhill, Tebrau and UEM Land to their revised upside targets given the increasing overbought momentum which will trigger significant profit-taking corrections ahead. Meantime, rotational trading plays may switch to Kinsteel (BUY) and MMC Corp (BOD) after the recent constructive base building action. Continue to Sell on Rally (SOR) Green Packet as the sell-off from high of RM1.31 yesterday will reinforce stale bull selling.
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