Stock Overview - OPENSYS - 29 Feb 2012

Stock Name: OPENSYS
Company Name: OPENSYS (M) BHD

Research House: JUPITER

Price Call: HOLD

Target Price: 0.17

OPENSYS ( 0040 : 0.13 ) : Targeting 0.17

Description
Application software

Resistance : 0.17
Support : 0.12

RSI of 42
RSI is oversold

STOCHASTIC
It is oversold and recovering

TREND INDICATOR
Down

Comment
Following the recent sharp sell down from the 0.22 high, a technical rebound is due. The 50% retracement level is at 0.17


Source:Jupiter Securities Research 29 February 2012