Fool Trader KLSE Research
Stock Overview - KPS - 2 May 2012
KPS ( 5843 : 1.01 ) : Double bottom/Stop loss 0.98
Description
Construction
Resistance : 1.16 1.21
Support : 0.98
RSI of 41
RSI is on a positive divergence
STOCHASTIC
It is oversold
Comment
It is in for a technical rebound due to the Double bottom of 0.99, and a positive RSI divergence. A tight stop loss should be placed at 0.98
Trading Strategy
Buy. Stop loss 0.98
Source:Jupiter Securities Research 02 May 2012
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