Thursday 16 August 2012

Stock Overview - KNM - 17 Aug 2012

KNM ( 7164 : 0.70 ) : Targeting 0.79/Stop loss 0.66

Description

Resistance : 0.79 0.87
Support : 0.66

RSI of 67
RSI is spiked upwards

STOCHASTIC
It is oversold

Comment
Following the sharp rebound, it is heading higher to 0.79, and 0.87

Trading Strategy
Buy. Stop loss is at 0.66

Source:Jupiter Securities Research 17 August 2012

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