Fool Trader KLSE Research

Stock Overview - HWATAI - 29 Mar 2012

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Publish date: Thu, 29 Mar 2012, 11:10 AM
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

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