Tuesday 28 February 2012

Stock Overview - PREMIER - 29 Feb 2012

PREMIER ( 9458 : 0.425 ) : Targeting 0.51

Description
Food manufacturing

Resistance : 0.51
Support : 0.39

RSI of 56
RSI is neutral

STOCHASTIC
It is neutral

TREND INDICATOR
Down

Comment
The current consolidation is expected to resolve with an upside breakout, to target 0.51. A tight stop loss should be placed at 0.39

Trading Strategy
Buy. Stop loss is at 0.39

Source:Jupiter Securities Research 29 February 2012

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