HWATAI ( 8478 : 0.63 ) : Stop loss 0.58
Description
Biscuits
Resistance : 0.84 0.91
Support : 0.58
RSI of 64
RSI is on the rise
STOCHASTIC
It is on an upswing
TREND INDICATOR
Comment
Following the consolidation breakout, it is heading higher to retest the overhead resistance of 0.84. A tight stop loss should be placed at 0.58
Trading Strategy
Buy. Stop loss is at 0.58
Source:Jupiter Securities Research 15 March 2012
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