Fool Trader KLSE Research

Source:Jupiter Securities Research 05 April 2012

fooltrader
Publish date: Thu, 05 Apr 2012, 02:32 PM
WIJAYA ( 4022 : 0.76 ) : Targeting 0.84

Description
Timber

Resistance : 0.84-0.86
Support : 0.69

RSI of 54
RSI is on the rise

STOCHASTIC
It is on an upswing

TREND INDICATOR

Comment
The current rebound is expected to overcome the overhead resistance at 0.77, to target 0.84-0.86

Trading Strategy
Buy. Stop loss is at 0.69

Source:Jupiter Securities Research 05 April 2012


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Be the first to like this. Showing 3 of 3 comments

Fat Cat Tim Buddy

Trading Strategy
Buy. Stop loss is at 0.69

what is this suppose to means?

buy at 0.69, and cut loss if it drop till 0.69?

2012-04-05 15:22

lotsofmoney

buy at the present price of 0.73, ready to sell at 0.77, dump all at 0.84-0.86. If the price drop, cut loss at 0.69.

2012-04-06 09:45

Fat Cat Tim Buddy

thank for explain it..

2012-04-06 09:49

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