March 13, 2012

Stock Overview - SKPRES - 13 Mar 2012

Stock Name: SKPRES
Company Name: SKP RESOURCES BHD
Research House: JUPITERPrice Call: BUYTarget Price: 0.63



SKPRES ( 7155 : 0.54 ) : Targeting 0.63

Description
Rubber and plastic manufacturing

Resistance : 0.63
Support : 0.53

RSI of 79
RSI is overbought

STOCHASTIC
It is riding on an upswing

TREND INDICATOR
Comment
Following the consolidation breakout, it is heading to test a resistance at 0.63

Trading Strategy
Buy. Stop loss is at 0.53

Source:Jupiter Securities Research 13 March 2012

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