Fool Trader KLSE Research
Stock Overview - SMI - 5 June 2012
SMI ( 4375 : 0.21 ) : Buy below 0.20/Stop loss 0.185
Description
Resistance : 0.25
Support : 0.185
RSI of 43
RSI is neutral
STOCHASTIC
It is oversold, indicating a limited downside
Comment
The recent sharp correction from 0.32, may be ending soon, as technicals approaching oversold. A technical
rebound to 0.25 is likely
Trading Strategy
Buy below 0.20. Stop loss is at 0.185
Source:Jupiter Securities Research 05 June 2012
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