Stock Name: BSTEAD
Company Name: BOUSTEAD HOLDINGS BHD
BSTEAD ( 2771 : 5.47 ) : Targeting 6.40
Description
Resistance : 5.66 6.40
Support : 5.20
RSI of 48
RSI is stabilising
STOCHASTIC
It has started to turn upwards
TREND INDICATOR
Comment
While it is on a consolidation mode, it is expected to break on the upside. Buy for a longer term haul target of 6.40
Trading Strategy
Buy. Stop loss is at 5.20
Source:Jupiter Securities Research 03 April 2012
Company Name: BOUSTEAD HOLDINGS BHD
| Research House: JUPITER | Price Call: BUY | Target Price: 6.40 |
BSTEAD ( 2771 : 5.47 ) : Targeting 6.40
Description
Resistance : 5.66 6.40
Support : 5.20
RSI of 48
RSI is stabilising
STOCHASTIC
It has started to turn upwards
TREND INDICATOR
Comment
While it is on a consolidation mode, it is expected to break on the upside. Buy for a longer term haul target of 6.40
Trading Strategy
Buy. Stop loss is at 5.20
Source:Jupiter Securities Research 03 April 2012
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