March 12, 2012

Stock Overview - SALCON -12 Mac 2012

Stock Name: SALCON
Company Name: SALCON BHD
Research House: JUPITERPrice Call: BUYTarget Price: 0.64



SALCON ( 8567 : 0.58 ) : Targeting 0.64

Description
Water, sewerage services

Resistance : 0.64 0.70
Support : 0.56

RSI of 59
RSI is on the rise

STOCHASTIC
It is riding on an upswing

TREND INDICATOR

Comment
The upkick yesterday, is heading to test a resistance at 0.64, then 0.70

Trading Strategy
Buy. Stop loss is at 0.56


Source:Jupiter Securities Research 12 March 2012

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