Fool Trader KLSE Research
Stock Overview - SMI - 29 May 2012
SMI ( 4375 : 0.27 ) : Avoid
Description
Resistance : 0.32
Support : 0.24
RSI of 72
RSI is overbought
STOCHASTIC
It is overbought
Comment
The recent sharp uprun has ended at the high of 0.32 yesterday. It is in for a correction, with support at 0.24
Trading Strategy
Avoid
Source:Jupiter Securities Research 29 May 2012
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