Fool Trader KLSE Research
Stock Overview - SANBUMI - 9 May 2012
SANBUMI ( 9113 : 0.38 ) : Buy below 0.345/stop loss 0.32
Description
Timber
Resistance : 0.50
Support : 0.34
RSI of 77
RSI is overbought
STOCHASTIC
It is overbought
Comment
Following the strong recent climb, a pullback to 0.34 is likely before further upward move
Trading Strategy
Buy. Stop loss is at 0.32
Source:Jupiter Securities Research 09 May 2012
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