Stock Overview - THPLANT - 30 Apr 2012

THPLANT ( 5112 : 2.70 ) : Targeting 2.90/Stop loss 2.62

Description
CPO

Resistance : 2.85-2.90
Support : 2.63

RSI of 34
RSI has rebounded from its oversold level

STOCHASTIC
It is oversold

Comment
It has bottomed at the recent low of 2.63, which is a key support level. A technical rebound to 2.85-2.90 is
likely. A tight stop loss should be placed at 2.62

Trading Strategy
Buy. Stop loss is at 2.62

Source:Jupiter Securities Research 30 April 2012