BTECH ( 0011 : 0.155 ) : Consolidation breakout
Description
Pollution control equipments
Resistance : 0.20 0.24
Support : 0.14
RSI of 61
RSI is rising
STOCHASTIC
It is oversold, and recovering
TREND INDICATOR
Comment
Following the consolidation breakout, it is heading higher to 0.20. Stop loss should be placed at 0.14
Trading Strategy
Buy. Stop loss is at 0.14
Source:Jupiter Securities Research 27 March 2012
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