Wednesday 14 March 2012

Stock Overview - POHUAT - 15 Mar 2012

POHUAT ( 7088 : 0.41 ) : Stop loss 0.395

Description
Furnitures

Resistance : 0.54
Support : 0.395

RSI of 70
RSI is overbought

STOCHASTIC
It is on an upswing

TREND INDICATOR
Comment
Following the consolidation breakout, it is heading higher to 0.54. A tight stop loss should be placed at 0.395

Trading Strategy
Buy. Stop loss is at 0.395

Source:Jupiter Securities Research 15 March 2012

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