Fool Trader KLSE Research

Stock Overview - AXIATA - 16 May 2012

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Publish date: Wed, 16 May 2012, 04:22 PM

AXIATA ( 6888 : 5.37 ) : Avoid/Double Top

Description

Resistance : 5.42
Support : 5.24

RSI of 53
RSI is weakening

STOCHASTIC
It is turning downwards

Comment
With the upside capped at the Double Top of 5.42, it is in for a pullback

Trading Strategy
Avoid

Source:Jupiter Securities Research 16 May 2012

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