Stock Overview - PREMIER - 29 Feb 2012

Stock Name: PREMIER
Company Name: PREMIER NALFIN BERHAD

Research House: JUPITER

Price Call: HOLD

Target Price: 0.51

PREMIER ( 9458 : 0.425 ) : Targeting 0.51

Description
Food manufacturing

Resistance : 0.51
Support : 0.39

RSI of 56
RSI is neutral

STOCHASTIC
It is neutral

TREND INDICATOR
Down

Comment
The current consolidation is expected to resolve with an upside breakout, to target 0.51. A tight stop loss should be placed at 0.39

Trading Strategy
Buy. Stop loss is at 0.39

Source:Jupiter Securities Research 29 February 2012