Stock Overview - PERMAJU - 29 May 2012

PERMAJU ( 7080 : 0.84 ) : Targeting 1.02/Stop loss 0.80

Description

Resistance : 1.02
Support : 0.80

RSI of 58
RSI is recovering

STOCHASTIC
It is recovering

Comment
While hovering at the Double bottom of 0.80, it is expected to test the overhead resistance of 1.02

Trading Strategy
Buy. Stop loss is at 0.80

Source:Jupiter Securities Research 29 May 2012