Monday 19 March 2012

Stock Overview - TA - 20 Mar 2012

TA ( 4898 : 0.61 ) : Technical rebound

Description

Resistance : 0.65
Support : 0.595

RSI of 52
RSI is recovering

STOCHASTIC
It is on an upswing

TREND INDICATOR
Comment
Currently it is on a technical rebound, due to the Double Bottom of 0.595. Immediate term upside is at 0.65

Trading Strategy
Buy. Stop loss is at 0.59

Source:Jupiter Securities Research 20 March 2012


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