XDL ( 5156 : 0.40 ) : Stop loss 0.38
Description
Sporting goods manufacturer
Resistance : 0.445 0.52
Support : 0.38
RSI of 63
RSI is on the rise
STOCHASTIC
It is neutral
TREND INDICATOR
Comment
The upkick yesterday, is likely to breach the overhead resistance at 0.445. A tight stop loss should be placed at 0.38
Trading Strategy
Buy. Stop loss is at 0.38
Source:Jupiter Securities Research 14 March 2012
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