Fool Trader KLSE Research

Stock Overview - GENM - 10 Aug 2012

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Publish date: Fri, 10 Aug 2012, 10:20 AM
GENM ( 4715 : 3.30 ) : Targeting 3.60/Stop loss 3.15

Description

Resistance : 3.60 3.72
Support : 3.15

RSI of 37
RSI is on a buy divergence

STOCHASTIC
It is oversold

Comment
The recent correction is nearing its end, indicating that it is due for a technical rebound on the RSI positive divergence

Trading Strategy
Buy. Stop loss is at 3.15

Source:Jupiter Securities Research 10 August 2012

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