Fool Trader KLSE Research
Stock Overview - HWGB- 28 Feb 2012
HWGB ( 9601 : 0.40 ) : Rebounding
Description
Electrical components
Resistance : 0.44 0.54
Support : 0.38
RSI of 55
RSI is recovering
STOCHASTIC
It has started to turn upwards
TREND INDICATOR
Sideways
Comment
The recent recovery from its oversold position, indicates that it has bottomed out. If it manages to breach 0.44, the next level will be 0.54. A tight stop loss should be placed at 0.38
Trading Strategy
Buy. Stop loss is at 0.38
Source:Jupiter Securities Research 28 February 2012
Description
Electrical components
Resistance : 0.44 0.54
Support : 0.38
RSI of 55
RSI is recovering
STOCHASTIC
It has started to turn upwards
TREND INDICATOR
Sideways
Comment
The recent recovery from its oversold position, indicates that it has bottomed out. If it manages to breach 0.44, the next level will be 0.54. A tight stop loss should be placed at 0.38
Trading Strategy
Buy. Stop loss is at 0.38
Source:Jupiter Securities Research 28 February 2012
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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michaelng
If the technical is anything to go by, this one is going to show upward biased movement in the next few trading days. Provided good vol n positive Europe n US market closing. Time to load up n never forget the cut loss level too.
2012-02-28 20:38