Tuesday, 5 June 2012

Stock Overview - KLCCP - 5 June 2012


KLCCP ( 5089 : 3.93 ) : Targeting 4.34/Stop loss 3.84

Description

Resistance : 4.22 4.34
Support : 3.84

RSI of 78
RSI is overbought

STOCHASTIC
It is overbought

Comment
Following the recent consolidation breakout, it is heading for 4.22, 4.34

Trading Strategy
Buy. Stop loss is at 3.84

Source:Jupiter Securities Research 05 June 2012

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