Wednesday, 16 May 2012 GAMUDA – Stock Pick

Wednesday, 16 May 2012 GAMUDA – Stock Pick



GAMUDA ( 5398 : 3.56 ) : Targeting 3.90/Stop loss 3.46

Description

Resistance : 3.90

Support : 3.46

RSI of 42
RSI is neutral

STOCHASTIC
It is oversold

Comment
Currently it is hovering at the support line of 3.50. As technicals are oversold, it is due for a rebound


Trading Strategy
Buy. Stop loss is at 3.46


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.