Sunday, 22 April 2012

Stock Overview - FOCUS - 23 Apr 2012

FOCUS ( 0116 : 0.18 ) : Target 0.22/Stop loss 0.17

Description
Engineering services

Resistance : 0.22 0.25
Support : 0.17

RSI of 56
RSI is on the rise

STOCHASTIC
It is on an upswing

TREND INDICATOR

Comment
The rebound is targeting 0.22, and possibly 0.25

Trading Strategy
Buy. Stop loss is at 0.17

Source:Jupiter Securities Research 23 April 2012

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