April 19, 2012

Stock Overview - CENSOF - 18 Apr 2012

Stock Name: CENSOF
Company Name: CENTURY SOFTWARE HOLDINGS BHD
Research House: JUPITERPrice Call: BUYTarget Price: 0.47



CENSOF ( 5195 : 0.42 ) : Targeting 0.47/stop loss 0.40

Description
Application softwares

Resistance : 0.47
Support : 0.41

RSI of 42
RSI has stabilised

STOCHASTIC
It is recovering from its oversold level

TREND INDICATOR

Comment
It is in for a range bound trading. As the current level is on the lower boundary of the range, it is expected to bounce back to the upper range of 0.47

Trading Strategy
Buy. Stop loss is at 0.40

Source:Jupiter Securities Research 18 April 2012

No comments:

Post a Comment