Fool Trader KLSE Research
Stock Overview - PCHEM - 24 Apr 2012
PCHEM ( 5183 : 6.60 ) : Double bottom
Description
Resistance : 6.90
Support : 6.34 6.54
RSI of 38
RSI is stabilising
STOCHASTIC
It is oversold
TREND INDICATOR
Comment
It appears to have found support at the Double bottom of 6.56
Trading Strategy
Buy. Stop loss 6.54
Source:Jupiter Securities Research 24 April 2012
Description
Resistance : 6.90
Support : 6.34 6.54
RSI of 38
RSI is stabilising
STOCHASTIC
It is oversold
TREND INDICATOR
Comment
It appears to have found support at the Double bottom of 6.56
Trading Strategy
Buy. Stop loss 6.54
Source:Jupiter Securities Research 24 April 2012
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Discussions
Be the first to like this. Showing 2 of 2 comments
Last time new listing also wanted to fund raise only,check back the previous news.The listing price actually over estimate by public.
2012-04-24 22:22
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kong73
there is quite a few plants in petchem tht has major shutdown and maintainence turnaround activities this year..even though reduce production output, it is offset by strong market prices for polymer, urea and fertiliser feedstocks. Tight control in cash flow management where most sales are on cash before delivery basis.
2012-04-24 19:42