Thursday, 24 May 2012

Stock Overview - KPSCB - 25 May 2012


KPSCB ( 9121 : 0.40 ) : Targeting 0.48/Stop loss 0.37

Description

Resistance : 0.48
Support : 0.37

RSI of 38
RSI has stabilised

STOCHASTIC
It is oversold

Comment
Following the correction from 0.58, the downside is limited, with good support at 0.37. A technical rebound to 0.48 price gap is likely

Trading Strategy
Buy. Stop loss is at 0.37

Source:Jupiter Securities Research 25 May 2012

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