Fool Trader KLSE Research
Stock Overview - HWATAI - 29 Mar 2012
HWATAI ( 8478 : 0.515 ) : Double bottom
Description
Biscuits
Resistance : 0.62
Support : 0.49
RSI of 46
RSI has stabilised
STOCHASTIC
It is oversold
TREND INDICATOR
Comment
The recent correction has ended at the Double bottom of 0.505. With oversold technicals, it due for a technical rebound to 0.62
Trading Strategy
Buy. Stop loss is at 0.49
Source:Jupiter Securities Research 29 March 2012
Description
Biscuits
Resistance : 0.62
Support : 0.49
RSI of 46
RSI has stabilised
STOCHASTIC
It is oversold
TREND INDICATOR
Comment
The recent correction has ended at the Double bottom of 0.505. With oversold technicals, it due for a technical rebound to 0.62
Trading Strategy
Buy. Stop loss is at 0.49
Source:Jupiter Securities Research 29 March 2012
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