Fool Trader KLSE Research

Stock Overview - BIMB - 18 May 2012

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Publish date: Mon, 21 May 2012, 05:13 PM

BIMB ( 5258 : 2.45 ) : Targeting 2.70/Stop loss 2.34

Description

Resistance : 2.70
Support : 2.34

RSI of 46
RSI is recovering

STOCHASTIC
It is on a small buy signal

Comment
With oversold technicals, a technical rebound to target 2.70 is likely

Trading Strategy
Buy. Stop loss is at 2.34

Source: Jupiter Securities Research 18 May 2012

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