Stock Overview - PERDANA - 22 May 2012

PERDANA ( 7108 : 0.50 ) : Targeting 0.58/Stop loss 0.47

Description

Resistance : 0.58 0.64
Support : 0.47 0.49

RSI of 16
RSI is oversold

STOCHASTIC
It is oversold

Comment
With oversold technicals, it is due for a technical rebound to 0.58

Trading Strategy
Buy. Stop loss is 0.47

Source:Jupiter Securities Research 22 May 2012