Thursday, September 17, 2009

DJ MARKET TALK: SapuraCrest Charts Point Up To MYR2.50 -Alliance

0901 GMT [Dow Jones] Alliance Research technical analyst bullish on SapuraCrest (8575.KU) in short-, medium-term, based on daily charts; targets MYR2.50. Notes golden cross on MACD. "We recommend a Firm Buy on SapuraCrest if there's a price pull back to between MYR1.75 to MYR1.85," says Alliance. Pegs stop loss at MYR1.65. Shares +4.4% at MYR1.90.

Dow Jones Newswires

September 16, 2009 05:01 ET (09:01 GMT)

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