GAMUDA ( 5398 : 3.56 ) : Targeting 3.90/Stop loss 3.46
Description
Resistance : 3.90
Support : 3.46
RSI of 42
RSI is neutral
STOCHASTIC
It is oversold
Comment
Currently it is hovering at the support line of 3.50. As technicals are oversold, it is due for a rebound
Trading Strategy
Buy. Stop loss is at 3.46
Source:Jupiter Securities Research 16 May 2012
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