Lityan stock code 9075
Chart wise : Waiting for the right time ……………
Lityan had on 4/1/2010 crossed over the immediate high of RM1.99 (24/12/2009) to reach a day high of RM2.12 before settled at RM2.08.
Next Potential Upside Target : With the upside violation of RM1.99 level, Lityan would thus be likely to trade upward with next upside target at RM2.30.
Entry Level : Risk taking traders may establish buying position at RM2.04.
Stop Loss Level : Once a buying position is being established, a stop loss level at RM1.84 level must be placed for risk capital protection purpose followed by trailing stop loss strategy.
