Tuesday 27 March 2012

Stock Overview - CENSOF - 28 Mar 2012

CENSOF ( 5195 : 0.415 ) : Oversold

Description
Application software

Resistance : 0.50
Support : 0.38 0.40

RSI of 32
RSI is on a buy divergence

STOCHASTIC
It is oversold

TREND INDICATOR
Comment
The recent correction from 0.56, has ended at 0.41, which is close to the 61.8% retracement support of 0.40. A technical rebound to 0.50 is likely

Trading Strategy
Buy. Stop loss is at 0.38

 Source:Jupiter Securities Research 28 March 2012


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