Fool Trader KLSE Research
Stock Overview - PERMAJU - 8 May 2012
PERMAJU ( 7080 : 0.73 ) : Take profit around 0.80/stop loss 0.67
Description
Resistance : 0.83
Support : 0.50 0.595
RSI of 86
RSI is overbought
STOCHASTIC
It is overbought
Comment
As the current upward push is nearing the target of 0.83, and with overbought technicals, we suggest taking
profit around 0.80
Trading Strategy
Take profit around 0.80. Stop loss is at 0.67
Source:Jupiter Securities Research 08 May 2012
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