Friday, 7 September 2012

Stock Overview - KNM - 7 Sep 2012

KNM ( 7164 : 0.655 ) : Targeting 0.72/Stop loss 0.63

Description

Resistance : 0.72
Support : 0.63

RSI of 49
RSI is neutral

STOCHASTIC
It is oversold

Comment
The rebound off the low of 0.625 yesterday, is likely to head higher due to oversold technicals

Trading Strategy
Buy. Stop loss is at 0.63

Source:Jupiter Securities Reasearch 07 September 2012

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