Fool Trader KLSE Research
Stock Overview - PARAMON - 22 June 2012
PARAMON ( 1724 : 1.78 ) : Targeting 2.00/Stop loss 1.70
Description
Resistance : 1.90 2.00
Support : 1.70
RSI of 74
RSI is on the rise
STOCHASTIC
It is on an upswing
Comment
Following the consolidation breakout yesterday, it is heading for the 61.8% retracement of 2.00
Trading Strategy
Buy. Stop loss is at 1.70
Source:Jupiter Securities Research 22 June 2012
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