Fool Trader KLSE Research

Stock Overview - ALAM - 5 Nov 2012

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Publish date: Mon, 05 Nov 2012, 08:45 AM
ALAM ( 5115 : 0.73 ) : Targeting 0.86/Stop loss 0.71

Description

Resistance : 0.86
Support : 0.71

RSI of 75
RSI is overbought

STOCHASTIC
It is overbought

Comment
Following the consolidation breakout, it is heading for 0.86. A tight stop loss should be placed at 0.71

Trading Strategy
Buy. Tight stop loss is at 0.71

Source:Jupiter Securities Research, 05 November 2012

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