Stock Name: PUNCAK
Company Name: PUNCAK NIAGA HOLDINGS BHD
PUNCAK ( 6807 : 1.43 ) : Stop loss 1.39
Description
Resistance : 1.49 1.64
Support : 1.39
RSI of 51
RSI is on the rise
STOCHASTIC
It riding on an upswing
TREND INDICATOR
Comment
While the upside target of 1.64 remains intact due to positive technicals, a tight stop loss should be placed at yesterday's low of 1.39, which marks the 61.8% pullback level
Trading Strategy
Buy. Stop loss is at 1.39
Source: Jupiter Securities Research 8 March 2012
Company Name: PUNCAK NIAGA HOLDINGS BHD
| Research House: JUPITER | Price Call: BUY | Target Price: 1.64 |
PUNCAK ( 6807 : 1.43 ) : Stop loss 1.39
Description
Resistance : 1.49 1.64
Support : 1.39
RSI of 51
RSI is on the rise
STOCHASTIC
It riding on an upswing
TREND INDICATOR
Comment
While the upside target of 1.64 remains intact due to positive technicals, a tight stop loss should be placed at yesterday's low of 1.39, which marks the 61.8% pullback level
Trading Strategy
Buy. Stop loss is at 1.39
Source: Jupiter Securities Research 8 March 2012
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