Monday, 21 May 2012

Stock Overview - PERWAJA - 22 May 2012


PERWAJA ( 5146 : 0.575 ) : Targeting 0.69/Stop loss 0.52

Description

Resistance : 0.69
Support : 0.54

RSI of 25
RSI is oversold, and on a positive divergence

STOCHASTIC
It is oversold

Comment
With oversold technicals, it is due for a rebound to 0.69

Trading Strategy
Buy. Stop loss is at 0.52

Source:Jupiter Securities Research 22 May 2012

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