Wednesday, 23 May 2012

Stock Overview - KNM - 24 May 2012


KNM ( 7164 : 0.76 ) : Targeting 0.88/Stop loss 0.72

Description

Resistance : 0.84 0.88
Support : 0.74

RSI of 40
RSI is on a positive divergence

STOCHASTIC
It is oversold

Comment
With a small downside, it is due for a technical rebound to 0.88

Trading Strategy
Buy. Stop loss is at 0.72

Source:Jupiter Securities Research 24 May 2012

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