Friday, 21 December 2012

Stock Overview - KULIM - 21 Dec 2012

KULIM (2003 : 4.80 ) : Take profit

Description

Resistance : 4.86
Support : 4.72

RSI of 60
RSI is on the rise

STOCHASTIC
It is overbought

Comment
On the buy call of 5/12/2012 at 4.50, we are recommending to take profit as technicals are approaching overbought

Trading Strategy
Take profit

Source: Jupiter Securities Research - 21 December 2012

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