Fool Trader KLSE Research
Stock Overview - L&G - 6 Aug 2012
L&G ( 3174 : 0.49 ) : Take profit
Description
Resistance : 0.54
Support : 0.45
RSI of 79
RSI is overbought
STOCHASTIC
It is overbought
Comment
On the 19/7/2012 buy call at 0.42, we are recommending to take profit as it has hit the 0.49 target
Trading Strategy
Take profit
Source:Jupiter Securities Research 06 August 2012
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luckyman
More upside may be expected from this counter. This is bcoz it may have good profit numbers to be announced due to the good sales or take up rates from its Damansara Foresta and The Elements projects. The 1st quarterly result is to be announced soon in this month.
2012-08-06 12:32