Fool Trader KLSE Research

Stock Overview -RSAWIT- 4 April 2012

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Publish date: Wed, 04 Apr 2012, 05:02 PM
RSAWIT ( 5113 : 1.04 ) : Targeting 1.13-1.16

Description
CPO

Resistance : 1.13 1.16
Support : 0.99

RSI of 44
RSI is stabilising

STOCHASTIC
It has started to turn upwards

TREND INDICATOR

Comment
The recent correction has bottomed at 0.995, which is a support level. It is in for a technical rebound to target 1.13. A tight stop loss should be placed at 0.99

Trading Strategy
Buy. Stop loss is at 0.99

Source:Jupiter Securities Research 04 April 2012


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