Stock Overview - PERMAJU - 8 May 2012

PERMAJU ( 7080 : 0.73 ) : Take profit around 0.80/stop loss 0.67

Description

Resistance : 0.83
Support : 0.50 0.595

RSI of 86
RSI is overbought

STOCHASTIC
It is overbought

Comment
As the current upward push is nearing the target of 0.83, and with overbought technicals, we suggest taking
profit around 0.80

Trading Strategy
Take profit around 0.80. Stop loss is at 0.67

 Source:Jupiter Securities Research 08 May 2012