Apr 1, 2010

YSPSAH STOCK CODE 7178

Y.S.P.SOUTHEAST ASIA HOLDING

Chart wise : Highest since 26/6/2009……………
yspsah-latest-chart 
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