Thursday, August 5, 2010

Short term Trading Idea: Kinsteel

¨ It could lead a retest of RM0.97 soon.

¨ Strategy: Bargain Buy for a retest of RM0.97 soon.

¨ Immediate Resistance at RM0.97

¨ Immediate Support at RM0.86

¨ Exit: Cut loss if it falls to below RM0.86 and the 10-day SMA

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