Thursday 22 March 2012

Stock Overview - GAMUDA - 23 Mar 2012

GAMUDA ( 5398 : 3.60 ) : Stop loss 3.50

Description

Resistance : 4.08
Support : 3.60

RSI of 44
RSI is neutral

STOCHASTIC
It is oversold, and due for a technical rebound

TREND INDICATOR
Comment
The current upward push is maintaining, targeting 4.08. Stop loss should be placed at 3.50

Trading Strategy
Buy. Stop loss is at 3.50

Source: Jupiter Securities Research 23 March 2012

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