Fool Trader KLSE Research
PUNCAK - 27 Feb 2012
PUNCAK ( 6807 : 1.42 ) : Targeting 1.68
Description
Resistance : 1.68
Support : 1.29 1.36
RSI of 47
RSI is weakening
STOCHASTIC
It is oversold
TREND INDICATOR
Down
Comment
The recent sell down from 1.89, has hit a support at 1.36, indicating a limited downside. It is likely to recover to the 61.8% of 1.68
Trading Strategy
Buy. Stop loss is at 1.29
Source:Jupiter Securities Research
Description
Resistance : 1.68
Support : 1.29 1.36
RSI of 47
RSI is weakening
STOCHASTIC
It is oversold
TREND INDICATOR
Down
Comment
The recent sell down from 1.89, has hit a support at 1.36, indicating a limited downside. It is likely to recover to the 61.8% of 1.68
Trading Strategy
Buy. Stop loss is at 1.29
Source:Jupiter Securities Research
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