Fool Trader KLSE Research
Stock Overview - PENERGY - 28 Feb 2012
PENERGY ( 5133 : 1.24 ) : Targeting 1.45
Description
Oil and gas
Resistance : 1.45 1.57
Support : 1.17
RSI of 75
RSI is overbought
STOCHASTIC
It is on an upswing
TREND INDICATOR
Up
Comment
The recent sharp upkicks point to further upward push to 1.45, and possibly 1.57. A tight stop loss should be placed at 1.17
Trading Strategy
Buy. Stop loss is at 1.17
Source:Jupiter Securities Research 28 February 2012
Description
Oil and gas
Resistance : 1.45 1.57
Support : 1.17
RSI of 75
RSI is overbought
STOCHASTIC
It is on an upswing
TREND INDICATOR
Up
Comment
The recent sharp upkicks point to further upward push to 1.45, and possibly 1.57. A tight stop loss should be placed at 1.17
Trading Strategy
Buy. Stop loss is at 1.17
Source:Jupiter Securities Research 28 February 2012
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