Fool Trader KLSE Research

Stock Name: IFCAMSC
Company Name: IFCA MSC BHD

Research House: JUPITER

Price Call: SELL

Target Price: 0.20

IFCAMSC ( 0023 : 0.13 ) : Targeting 0.20

Description
Application software

Resistance : 0.20 0.24
Support : 0.10 0.12

RSI of 72
RSI is overbought

STOCHASTIC
It is overbought

TREND INDICATOR
Up

Comment
The recent rebound is heading for 0.20, with a support at 0.12. Stop loss should be placed at the price gap of 0.10

Trading Strategy
Buy. Stop loss is at 0.10


Source:Jupiter Securities Research 29 February 2012