SCOPE ( 0028 : 0.18 ) : Targeting 0.28
Description
Electrical components
Resistance : 0.28
Support : 0.15
RSI of 78
RSI is overbought
STOCHASTIC
It has started to turn upwards
TREND INDICATOR
Sideways
Comment
The upkick yesterday, is heading for 0.28. A tight stop loss should be placed at 0.15
Trading Strategy
Buy. Stop loss is at 0.15
Source:Jupiter Securities Research 2 March 2012
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