Monday 19 March 2012

JAKS ( 4723 : 0.59 ) : Double bottom

JAKS ( 4723 : 0.59 ) : Double bottom

Description

Resistance : 0.68
Support : 0.58

RSI of 48
RSI is recovering

STOCHASTIC
It is on an upswing

TREND INDICATOR
Comment
Currently it is hovering at the Double Bottom of 0.58. Immediate term upside is at 0.68

Trading Strategy
Buy. Stop loss is at 0.575

Source:Jupiter Securities Research 20 March 2012


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