Y.S.P.SOUTHEAST ASIA HOLDING
Chart wise : Highest since 26/6/2009……………
above: YSPSAH chart (click to enlarge)
YSPSAH had on 31/3/2010 crossed over immediate high of RM1.18 (20/1/2010) to reach highest high of RM1.19 since 26/6/2009 before settled at RM1.17.
Next Potential Upside Target : An upside violation of RM1.18 again would see YSPSAH to trade upward with next upside target at RM1.25.
Entry Level : Risk taking traders may establish buying position at RM1.15.
Stop Loss Level : Once a buying position is being established, a stop loss level at RM1.11 level must be placed for risk capital protection purpose followed by trailing stop loss strategy.
source: Mercury Securities