Friday, 30 Dec 2011. KNM – Stock Pick

KNM ( 7164 : 1.00 ) : Take profit
Description
Resistance : 1.04 1.07
Support : 0.94 0.98
RSI of 52
RSI is rebounding
STOCHASTIC
It is on an up swing
TREND INDICATOR
Up
Comment
While technicals are strong, the immediate term outlook points to a strong overhead resistance area of 1.04-
1.07. A dip below 0.98, will signal profit taking
Trading Strategy
Take profit
Disclaimer
This report is provided for information purposes only.