Stock Overview - TECFAST - 7 Mar 2012

Stock Name: TECFAST
Company Name: TECHFAST HOLDINGS BHD

Research House: JUPITER

Price Call: BUY

Target Price: 0.16

TECFAST ( 0084 : 0.145 ) : Targeting 0.16

Description

Resistance : 0.16 0.19
Support : 0.12

RSI of 69
RSI is on the rise

STOCHASTIC
It riding on an upswing

TREND INDICATOR

Comment
Following the consolidation breakout, it is heading for 0.16, and possibly 0.19

Trading Strategy
Buy. Stop loss is at 0.12

Source: Jupiter Securities Research 7 March 2012