Fool Trader KLSE Research

Stock Overview - CSL - 10 Aug 2012

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Publish date: Fri, 10 Aug 2012, 10:18 AM
CSL ( 5214 : 1.02 ) : Targeting 1.22/Stop loss 0.94

Description

Resistance : 1.22
Support : 0.94

RSI of 32
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 0.94

Source:Jupiter Securities Research 10 August 2012

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