Trading Stocks - 23 January 2015 - Barakah
Author: kiasutrader | Publish date: Fri, 23 Jan 09:25
Barakah may trend higher after inching above the 50-day MAV line and the MYR0.97 level on the latest trade. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.06, followed by MYR1.15. The stock may pull back to take a breather if it falls back below the MYR0.97 level. In this scenario, further support is anticipated at MYR0.89, where traders can exit upon a breach.
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