Stock Overview - BINTAI - 30 Mar 2012

Stock Name: BINTAI
Company Name: BINTAI KINDEN CORPORATION BHD

Research House: JUPITER

Price Call: BUY

Target Price: 0.48

BINTAI ( 6998 : 0.38 ) : Targeting 0.48

Description
Engineering services

Resistance : 0.48
Support : 0.35

RSI of 64
RSI is rising

STOCHASTIC
It is oversold

TREND INDICATOR

Comment
The breakout yesterday, is heading for the 50% retracement of 0.48

Trading Strategy
Buy. Stop loss is at 0.35

Source:Jupiter Securities Research 30 March 2012