Stock Name: WTK
Company Name: WTK HOLDINGS BHD
WTK ( 4243 : 1.52 ) : Targeting 1.75-1.85/stop loss 1.45
Description
Timber
Resistance : 1.75 1.85
Support : 1.45
RSI of 63
RSI is recovering
STOCHASTIC
It remains firm
TREND INDICATOR
Comment
It is on a technical rebound to target the 61.8% of 1.75. Resistance is expected in the region of 1.85.
Trading Strategy
Buy. Stop loss is at 1.75
Source:Jupiter Securities Research 17 April 2012
Company Name: WTK HOLDINGS BHD
| Research House: JUPITER | Price Call: BUY | Target Price: 1.75 |
WTK ( 4243 : 1.52 ) : Targeting 1.75-1.85/stop loss 1.45
Description
Timber
Resistance : 1.75 1.85
Support : 1.45
RSI of 63
RSI is recovering
STOCHASTIC
It remains firm
TREND INDICATOR
Comment
It is on a technical rebound to target the 61.8% of 1.75. Resistance is expected in the region of 1.85.
Trading Strategy
Buy. Stop loss is at 1.75
Source:Jupiter Securities Research 17 April 2012
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