LEESK ( 8079 : 0.175 ) : Stop loss 0.15
Description
Mattress and polyurethane foam
Resistance : 0.21 0.25
Support : 0.15
RSI of 58
RSI is neutral, and appears to have stabilised
STOCHASTIC
It is oversold, and recovering
TREND INDICATOR
Comment
It is due for a technical rebound to 0.21 on the overall oversold technicals. A tight stop loss should be placed at 0.15
Trading Strategy
Buy. Stop loss is at 0.15
Source:Jupiter Securities Research 26 March 2012
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