Thursday, 1 March 2012

Stock Overview - TGUAN - 2 Mar 2012

TGUAN ( 7034 : 1.37 ) : Targeting 1.55

Description
Packaging manufacturing

Resistance : 1.55 1.72
Support : 1.32

RSI of 67
RSI is on the rise

STOCHASTIC

It is riding on an upswing

TREND INDICATOR
Down

Comment
The upkick yesterday, is heading for 1.55. A tight stop loss should be placed at 1.32

Trading Strategy
Buy. Stop loss is at 1.32

Source:Jupiter Securities Research 2 March 2012

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