Fool Trader KLSE Research

Stock Overview - BRIGHT - 19 Sept 2012

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Publish date: Wed, 19 Sep 2012, 10:27 AM
BRIGHT ( 9938 : 1.47 ) : Targeting 1.62/Stop loss 1.39

Description

Resistance : 1.62 1.72
Support : 1.39

RSI of 52
RSI is rebounding

STOCHASTIC
It is oversold

Comment
The strong upkick yesterday, is retesting the high of 1.63, and likely to target 1.72

Trading Strategy
Buy. Stop loss is at 1.39

Source:Jupiter Securities Research 19 September 2012

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