Fool Trader KLSE Research

Stock Overview - VERSATL - 13 Apr 2012

fooltrader
Publish date: Fri, 13 Apr 2012, 02:56 PM
VERSATL ( 4995 : 0.32 ) : Targeting 0.38/stop loss 0.29

Description
Packaging products manufacturer

Resistance : 0.38
Support :
0.29

RSI of 41
RSI is starting to recover

STOCHASTIC
It is oversold

TREND INDICATOR

Comment
With oversold technicals, it is in for a rebound to 0.38. Suggest to buy at current level, and sell at 0.38. A
tight stop loss should be placed at 0.29

Trading Strategy
Buy. Stop loss is at 0.29

Source:Jupiter Securities Research 13 April 2012


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