Fool Trader KLSE Research
Stock Overview - THPLANT - 30 Apr 2012
THPLANT ( 5112 : 2.70 ) : Targeting 2.90/Stop loss 2.62
Description
CPO
Resistance : 2.85-2.90
Support : 2.63
RSI of 34
RSI has rebounded from its oversold level
STOCHASTIC
It is oversold
Comment
It has bottomed at the recent low of 2.63, which is a key support level. A technical rebound to 2.85-2.90 is
likely. A tight stop loss should be placed at 2.62
Trading Strategy
Buy. Stop loss is at 2.62
Source:Jupiter Securities Research 30 April 2012
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