DIGI ( 6947 : 3.91 ) : Range trading 4.16 – 3.90
Description
Resistance : 4.16
Support : 3.90
RSI of 44
RSI is stabilising
STOCHASTIC
It is due for a technical rebound
TREND INDICATOR
Comment
Currently, it is hovering at a 3.90 support line, indicating a likely technical rebound to 4.16.
Trading strategy
Favours buying at the current level, and to sell around 4.16, Trading Strategy, Buy. Stop loss is at 3.86
Source:Jupiter Securities Research 06 April 2012
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