GOPENG ( 2135 : 0.79 ) : Targeting 0.87-0.90 / Stop loss 0.75
Description
CPO and property
Resistance : 0.87 0.90
Support : 0.75
RSI of 77
RSI is overbought
STOCHASTIC
It is riding on an up swing
TREND INDICATOR
Comment
Following the consolidation breakout, it is heading to retest the Double top of 0.90
Trading Strategy
Buy. Stop loss is at 0.75
Source:Jupiter Securities Research 09 April 2012
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