Wednesday 29 August 2012

Stock Overview - LCHEONG - 29 Aug 2012

LCHEONG ( 7943 : 0.19 ) : Targeting 0.32/Stop loss 0.17

Description


Resistance : 0.32
Support : 0.17

RSI of 70
RSI is overbought

STOCHASTIC
It is riding on an upswing

Comment
Following the consolidation breakout, it is heading for 0.32

Trading Strategy
Buy. Stop loss is at 0.17

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact

Source:Jupiter Securities Research 29 August 2012

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