Friday, 13 April 2012 KENCANA – Stock Pick

KENCANA ( 5122 : 3.16 ) : Targeting 3.44 /stop loss 3.04

Description
Resistance : 3.44 3.70

Support : 3.06

RSI of 58
RSI is on the rise

STOCHASTIC
It is neutral

TREND INDICATOR
Comment
The recent uptrend remains intact, with an upside of 3.44, and 3.70


Trading Strategy
Buy. Stop loss is at 3.04


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.