HIAP TECK VENTURES :
Stock code 5072
Chart wise : Buying volume expanded………
Hiap Teck Ventures had on 23/12/2009 traded higher to a day high of RM1.54 before settled at RM1.53.
Next Potential Upside Target : An upside violation of
RM1.57 level would likely see Hiap Teck Ventures to
trade upward with next upside target at RM1.75.
Entry Level : Risk taking traders may establish buying
position at RM1.50.
Stop Loss Level : Once a buying position is being
established, a stop loss level at RM1.39 level must be
placed for risk capital protection purpose followed by
trailing stop loss strategy.
source: Mercury securities
