March 14, 2012

Stock Overview - TAKASO - 14 Mar 2012

Stock Name: TAKASO
Company Name: TAKASO RESOURCES BHD
Research House: JUPITERPrice Call: BUYTarget Price: 0.24



TAKASO ( 7071 : 0.24 ) : Stop loss 0.215

Description

Resistance : 0.31 0.37
Support : 0.22

RSI of 54
RSI is on the rise

STOCHASTIC
It is neutral

TREND INDICATOR
Comment
The current slow upward crawl is expected to maintain. The 50% retracement level is at 0.37. A tight stop
loss should be placed at 0.215

Trading Strategy
Buy. Stop loss is at 0.215

Source:Jupiter Securities Research 14 March 2012

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