Friday, 25 May 2012 KPSCB – Stock Pick

Friday, 25 May 2012 KPSCB – Stock Pick



KPSCB ( 9121 : 0.40 ) : Targeting 0.48/Stop loss 0.37

Description

Resistance : 0.48

Support : 0.37

RSI of 38
RSI has stabilised

STOCHASTIC
It is oversold

Comment
Following the correction from 0.58, the downside is limited, with good support at 0.37. A technical rebound to
0.48 price gap is likely


Trading Strategy
Buy. Stop loss is at 0.37


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.