Monday, October 26, 2009

Trading BUY CALL : ILB (5614) > Current Price RM0.915

ILB (5614) > Current Price RM0.915


Leveraging on its RM0.90 support line, a rebounced is seemingly brewing within Integrated Logistics. This can be reassured by its daily MACD that is already turning bullish. Furthermore, its RSI shows that the counter has decently cooled down and is riped for next wave of rally. With the economy on the mend, expects the logistic sector to pick up soon.



Trading BUY

Target Price 1.20 with minor hiccups @RM1.17. Place relevant stop-loss.

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