April 19, 2012

Stock Overview - NAGAMAS - 18 Apr 2012

Stock Name: NAGAMAS
Company Name: NAGAMAS INTERNATIONAL BHD
Research House: JUPITERPrice Call: BUYTarget Price: 0.72



NAGAMAS ( 8923 : 0.65 ) : Targeting 0.72/stop loss 0.62

Description
Industrial gases, chemicals

Resistance : 0.72 0.765
Support : 0.62

RSI of 49
RSI is recovering

STOCHASTIC
It is recovering

TREND INDICATOR

Comment
It is on a technical rebound to target the 61.8% of 0.72. Resistance is expected at the Double top of 0.765.

Trading Strategy
Buy. Stop loss is at 0.62

Source:Jupiter Securities Research 18 April 2012

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