Fool Trader KLSE Research
Stock Overview - SIME - 25 Sept 2012
SIME ( 4197 : 9.75 ) : Targeting 11.20/Stop loss 9.40
Description
Resistance : 11.20
Support : 9.40 9.60
RSI of 38
RSI is neutral
STOCHASTIC
It is neutral
Comment
The recent pullback from 10.00, has found a support at the 50% retracement of 9.60, with a stronger support at 9.40. Overall, it is heading higher to 11.20
Trading Strategy
Buy. Stop loss is at 9.40
Source:Jupiter Securities Research, 25 September 2012
Description
Resistance : 11.20
Support : 9.40 9.60
RSI of 38
RSI is neutral
STOCHASTIC
It is neutral
Comment
The recent pullback from 10.00, has found a support at the 50% retracement of 9.60, with a stronger support at 9.40. Overall, it is heading higher to 11.20
Trading Strategy
Buy. Stop loss is at 9.40
Source:Jupiter Securities Research, 25 September 2012
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2012-09-25 09:39