Stock Overview - SANBUMI - 9 May 2012

SANBUMI ( 9113 : 0.38 ) : Buy below 0.345/stop loss 0.32

Description
Timber

Resistance : 0.50
Support : 0.34

RSI of 77
RSI is overbought

STOCHASTIC
It is overbought

Comment
Following the strong recent climb, a pullback to 0.34 is likely before further upward move

Trading Strategy
Buy. Stop loss is at 0.32

Source:Jupiter Securities Research 09 May 2012