Fool Trader KLSE Research

Fool Trader KLSE Research

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Publish date: Fri, 29 Jun 2012, 11:05 AM

PARKSON ( 5657 : 4.59 ) : Buy below 4.50

Description

Resistance : 4.90
Support : 4.46

RSI of 43
RSI is on a positive divergence

STOCHASTIC
It is riding on an upswing

Comment
While a small pullback, with support 4.46, is likely, it is heading higher to 4.90

Trading Strategy
Buy below 4.50. Stop loss is at 4.36

Source:Jupiter Securities Research 29 June 2012


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