Fool Trader KLSE Research

Stock Overview - GENM - 7 Sep 2012

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Publish date: Fri, 07 Sep 2012, 03:12 PM
GENM ( 4715 : 3.52 ) : Take profit

Description

Resistance : 3.60
Support : 3.40

RSI of 55
RSI is neutral

STOCHASTIC
It is overbought, and turning downwards

Comment
On the buy call of 10/8/2012 at 3.30, we are recommending to take profit at 3.53, as technicals are approaching overbought indicating a pullback

Trading Strategy
Take profit

Source:Jupiter Securities Reasearch 07 September 2012

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