PTGTIN ( 2208 : 0.325 ) : Consolidation breakout
Description
Property
Resistance : 0.42
Support : 0.31
RSI of 56
RSI is neutral, and appears to have stabilised
STOCHASTIC
It is oversold, and recovering
TREND INDICATOR
Comment
Following the consolidation breakout yesterday, it is heading for 0.42. A tight stop loss should be placed at 0.305
Trading Strategy
Buy. Stop loss is at 0.305
Source:Jupiter Securities Research 27 March 2012
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