ASUPREM ( 7070 : 0.25 ) : Targeting 0.31/stop loss 0.22
Description
Resistance : 0.31 0.37
Support : 0.23
RSI of 77
RSI is likely to stay overbought for a while
STOCHASTIC
It is riding on an upswing
TREND INDICATOR
Comment
Following the consolidation breakout, it is heading for 0.31, and possibly 0.37
Trading Strategy
Buy. Stop loss is at 0.22
Source:Jupiter Securities Research 19 April 2012
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