Stock Overview - NWP - 13 Mar 2012

Stock Name: NWP
Company Name: NWP HOLDINGS BHD

Research House: JUPITER

Price Call: BUY

Target Price: 0.35

NWP ( 5025 : 0.24 ) : Targeting 0.35

Description
Wood building products

Resistance : 0.35
Support : 0.21

RSI of 73
RSI is overbought

STOCHASTIC
It is overbought

TREND INDICATOR
Comment
The sharp upkick yesterday, is heading to test a resistance at 0.35

Trading Strategy
Buy. Stop loss is at 0.21

Source:Jupiter Securities Research 13 March 2012