Sunday 25 March 2012

Stock Overview - SAAG - 26 Mar 2012

SAAG ( 9652 : 0.075 ) : Stop loss 0.065

Description
Oil and gas services

Resistance : 0.11
Support : 0.065

RSI of 61
RSI is neutral, and appears to have stabilised

STOCHASTIC
It is riding on an up cycle

TREND INDICATOR
Comment
While it is hovering at a key support of 0.065, it is due for a technical rebound to 0.11. A tight stop loss
should be placed at 0.065

Trading Strategy
Buy. Stop loss is at 0.065

Source:Jupiter Securities Research 26 March 2012


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