Wednesday 29 February 2012

Stock Overview - TRC - 1 Mar 2012

TRC ( 5054 : 0.71 ) : Targeting 0.77

Description

Resistance : 0.77
Support : 0.69

RSI of 41
RSI is steady

STOCHASTIC
It is oversold

TREND INDICATOR
Down

Comment
Currently it is hovering around 0.70. With oversold technicals, it is due for a technical rebound

Trading Strategy
Buy. Stop loss is at 0.69

Source:Jupiter Securities Research 1 March 2012

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