March 13, 2012

Stock Overview - TENAGA - 13 Mar 2012

Stock Name: TENAGA
Company Name: TENAGA NASIONAL BHD
Research House: JUPITERPrice Call: BUYTarget Price: 6.84



TENAGA ( 5347 : 6.42 ) : Targeting 6.84

Description

Resistance : 6.84 7.00
Support : 6.20

RSI of 64
RSI is on the rise

STOCHASTIC
It is riding on an upswing

TREND INDICATOR
Comment
Following the consolidation breakout, it is heading to test a resistance at 6.84

Trading Strategy
Buy. Stop loss is at 6.20

Source:Jupiter Securities Research 13 March 2012

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