Monday, 21 May 2012

Stock Overview - KINSTEL- 17 May 2012


KINSTEL ( 5060 : 0.43 ) : Targeting 0.50/Stop loss 0.40

Description

Resistance : 0.50
Support : 0.42

RSI of 44
RSI is on a buy divergence

STOCHASTIC
It is on an upswing

Comment
With oversold technicals and Double Bottom, it is due for a rebound to 0.50

Trading Strategy
Buy. Stop loss is at 0.40

Source:Jupiter Securities Research 17 May 2012

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