Mar 18, 2010

GUH - today stock pick

Grand United Hldgs Bhd. GUH stock code 3247
Chart wise : In position to go higher ……………
bursa-malaysia-guh 
above GUH chart. click for larger view

GUH (3247-MainBoard) had on  17/3/2010 traded higher with a day high of RM1.23 before settled at RM1.21. 

Next Potential Upside Target : An upside violation of RM1.22 would see GUH  to trade upward with next upside target at RM1.34. 

Entry Level  : Risk taking traders may establish buying
position at RM1.17.

Stop Loss Level : Once a buying position is being established, a stop loss level at  RM1.09 level  must be placed for risk capital protection purpose followed by trailing stop loss strategy.