Wednesday, 3 Aug 2011. KUB – Stock Pick

KUB ( 6874 : 0.755 ) : Positive technicals
Description
Telecommunication services
Resistance : 0.79 0.87
Support : 0.73
RSI of 58
RSI is on the rise
STOCHASTIC
It is on an upswing
TREND INDICATOR.
Up
Comment
Currently it is capped at the Double Top of 0.79. It is targeting 0.87, once the 0.79 resistance is breached
Trading Strategy
Buy. Stop loss is at 0.73