Support Line


  • Business
  • Thursday, 28 Aug 2003

Johor Port PRICES have been recovering over the past two weeks, rising from the RM1.84 level to hit a high of RM2.04 before mild profit-taking activity pared intra-day gains yesterday. The stochastics triggered a buy signal on Monday and the upward momentum on the moving average convergence/divergence suggests further recovery with mild resistance seen at RM2.08 and the next strong hurdle, at the RM2.15 level. Current support is at RM1.96. 

Stock watch on Johor Port 

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