Stock Overview - INGENS - 22 Mar 2012

Stock Name: INGENS
Company Name: INGENUITY SOLUTIONS BHD

Research House: JUPITER

Price Call: BUY

Target Price: 0.19

INGENS ( 0034 : 0.13 ) : Targeting 0.19

Description
IT services

Resistance : 0.19
Support : 0.115

RSI of 80
RSI is overbought

STOCHASTIC
It is on an upswing

TREND INDICATOR
Comment
Following the recent consolidation breakout at 0.115, it is heading for 0.19. Stop loss should be placed at
0.115

Trading Strategy
Buy. Stop loss is at 0.115

Source:Jupiter Securities Research 22 March 2012