Fool Trader KLSE Research

Stock Overview - KEURO - 7 Aug 2012

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Publish date: Tue, 07 Aug 2012, 10:05 AM
KEURO ( 3565 : 1.14 ) : Take profit

Description

Resistance : 1.16
Support : 1.09

RSI of 67
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 3/7/2012 buy call at 1.05, we are recommending to take profit as it has hit the 1.16 target. Upside appears to have been capped at the Double top of 1.16

Trading Strategy
Take profit

Source:Jupiter Securities Research 07 August 2012

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