March 8, 2012

Stock Overview - HWGB - 8 Mar 2012

Stock Name: HWGB
Company Name: HO WAH GENTING BHD
Research House: JUPITERPrice Call: BUYTarget Price: 0.54



HWGB ( 9601 : 0.46 ) : Targeting 0.54

Description

Resistance : 0.54 0.63
Support : 0.43

RSI of 67
RSI is on the rise

STOCHASTIC
It riding on an upswing

TREND INDICATOR

Comment
While the upside target of 0.54 remains intact due to rising volume and positive technicals, a tight stop loss should be placed at 0.43

Trading Strategy
Buy. Stop loss is at 0.43

Source: Jupiter Securities Research 8 March 2012

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