Stock Overview - AWC - 16 Apr 2012

Stock Name: AWC
Company Name: AWC BERHAD

Research House: JUPITER

Price Call: BUY

Target Price: 0.40

AWC ( 7579 : 0.31 ) : Targeting 0.40/stop loss 0.28

Description
Engineering consultancy

Resistance : 0.34 0.40
Support : 0.28

RSI of 72
RSI is overbought

STOCHASTIC
It remains firm

TREND INDICATOR

Comment
Following the consolidation breakout, it is heading for 0.40. A small pullback to 0.30 is possible, before
pushing for 0.40.

Trading Strategy
Buy. Stop loss is at 0.28

Source:Jupiter Securities Research 16 April 2012