Stock Name: VERSATL
Company Name: VERSATILE CREATIVE BHD
VERSATL ( 4995 : 0.32 ) : Targeting 0.38/stop loss 0.29
Description
Packaging products manufacturer
Resistance : 0.38
Support : 0.29
RSI of 41
RSI is starting to recover
STOCHASTIC
It is oversold
TREND INDICATOR
Comment
With oversold technicals, it is in for a rebound to 0.38. Suggest to buy at current level, and sell at 0.38. A
tight stop loss should be placed at 0.29
Trading Strategy
Buy. Stop loss is at 0.29
Source:Jupiter Securities Research 13 April 2012
Company Name: VERSATILE CREATIVE BHD
Research House: JUPITER | Price Call: BUY | Target Price: 0.38 |
VERSATL ( 4995 : 0.32 ) : Targeting 0.38/stop loss 0.29
Description
Packaging products manufacturer
Resistance : 0.38
Support : 0.29
RSI of 41
RSI is starting to recover
STOCHASTIC
It is oversold
TREND INDICATOR
Comment
With oversold technicals, it is in for a rebound to 0.38. Suggest to buy at current level, and sell at 0.38. A
tight stop loss should be placed at 0.29
Trading Strategy
Buy. Stop loss is at 0.29
Source:Jupiter Securities Research 13 April 2012
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