Thursday, 24 May 2012 KNM – Stock Pick

Thursday, 24 May 2012 KNM – Stock Pick


KNM ( 7164 : 0.76 ) : Targeting 0.88/Stop loss 0.72

Description

Resistance : 0.84 0.88

Support : 0.74

RSI of 40
RSI is on a positive divergence

STOCHASTIC
It is oversold

Comment
With a small downside, it is due for a technical rebound to 0.88

Trading Strategy
Buy. Stop loss is at 0.72


Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.