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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