RSAWIT ( 5113 : 1.12 ) : Targeting 1.30
Description
CPO
Resistance : 1.30
Support : 1.09
RSI of 62
RSI is on the rise
STOCHASTIC
It is recovering from its oversold level
TREND INDICATOR
Down
Comment
The upkick yesterday, is heading for 1.30. A tight stop loss should be placed at 1.09
Trading Strategy
Buy. Stop loss is at 1.09
Source:Jupiter Securities Research 1 March 2012
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