OPENSYS ( 0040 : 0.13 ) : Targeting 0.17
Description
Application software
Resistance : 0.17
Support : 0.12
RSI of 42
RSI is oversold
STOCHASTIC
It is oversold and recovering
TREND INDICATOR
Down
Comment
Following the recent sharp sell down from the 0.22 high, a technical rebound is due. The 50% retracement level is at 0.17
Source:Jupiter Securities Research 29 February 2012
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