Fool Trader KLSE Research

Stock Overview - NICORP - 30 Mar 2012

fooltrader
Publish date: Fri, 30 Mar 2012, 09:25 AM
NICORP ( 4464 : 0.48 ) : Targeting 0.58

Description
Property

Resistance : 0.58
Support : 0.42

RSI of 47
RSI has stabilised

STOCHASTIC
It is oversold

TREND INDICATOR

Comment
The current correction from 0.74 is ending, due to the oversold technicals

Trading Strategy
Buy. Stop loss is at 0.42

Source:Jupiter Securities Research 30 March 2012


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Be the first to like this. Showing 8 of 8 comments

Stephen Lee

Week Financial Edge interviewed Datuk Raymond Chan whom he clarified that NICORP shall be his corporate flagship which compromised of 4 core business..viz Timber, Property development,Oil & gas and Palm Oil. His flagship Nicorp shall target to migrate from penny stock to main board within 5 years.
Cherios for his frankness and coporate manveur vision of reinvent NICORP flagship. Salute to the financial edge team whom timely potrait the better picture and fundamental truth of Nicorp flagship by interviewing Datuk Raymond Chan.

2012-04-02 03:03

ktrader

This would certainly push nicorp and iits members in RC stable up today....

2012-04-02 05:06

chong

Yes, brother Stephen Lee , I read the interview too & seems to be sound interesting. Will monitor it now after previously reading the ex CIMB bad report keeping in mind of the "Harvest Episode".

Cheers.

2012-04-02 06:14

Teh Tiong Boon

When is it? Which paper?

2012-04-02 07:16

chong

Brother Teh Tiong Boon, it's the Edge weekly magazine.

2012-04-02 09:20

Teh Tiong Boon

Tq bro

2012-04-02 09:37

chong

You are welcome brother Teh Tiong Boon...let's see how it goes.

2012-04-02 09:52

chongkonghui

Only time will tell if RC story holds or not...

2012-04-05 09:36

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