Fool Trader KLSE Research

Stock Overview - HOVID - 3 Sept 2012

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Publish date: Mon, 03 Sep 2012, 12:28 PM
HOVID ( 7213 : 0.21 ) : Targeting 0.25/Stop loss 0.19

Description

Resistance : 0.25
Support : 0.19

RSI of 51
RSI is recovering

STOCHASTIC
It is approaching oversold

Comment
The recent sell down may have bottomed out at the Double bottom of 0.20, indicating a likely technical rebound to 0.25

Trading Strategy
Buy. Stop loss is at 0.19

Source:Jupiter Securities Research 03 September 2012

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