Monday 19 March 2012

Stock Overview - SOZO - 20 Mar 2012

SOZO ( 5187 : 0.59 ) : Consolidation breakout

Description
Food manufacturer

Resistance : 0.70
Support : 0.57

RSI of 58
RSI is on a sharp rise

STOCHASTIC
It is on an upswing

TREND INDICATOR
Comment
The consolidation breakout is targeting the 50% retracement level of 0.70. A tight stop loss should be placed
at 0.57

Trading Strategy
Buy. Stop loss is at 0.57

Source:Jupiter Securities Research 20 March 2012


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