HWGB ( 9601 : 0.46 ) : Targeting 0.54
Description
Resistance : 0.54 0.63
Support : 0.43
RSI of 67
RSI is on the rise
STOCHASTIC
It riding on an upswing
TREND INDICATOR
Comment
While the upside target of 0.54 remains intact due to rising volume and positive technicals, a tight stop loss should be placed at 0.43
Trading Strategy
Buy. Stop loss is at 0.43
Source: Jupiter Securities Research 8 March 2012
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