April 19, 2012

Stock Overview - ASUPREM - 19 Apr 2012

Stock Name: ASUPREM
Company Name: ASTRAL SUPREME BHD
Research House: JUPITERPrice Call: BUYTarget Price: 0.31



ASUPREM ( 7070 : 0.25 ) : Targeting 0.31/stop loss 0.22

Description

Resistance : 0.31 0.37
Support : 0.23

RSI of 77
RSI is likely to stay overbought for a while

STOCHASTIC
It is riding on an upswing

TREND INDICATOR

Comment
Following the consolidation breakout, it is heading for 0.31, and possibly 0.37

Trading Strategy
Buy. Stop loss is at 0.22

Source:Jupiter Securities Research 19 April 2012

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