NICORP ( 4464 : 0.485 ) : Targeting 0.58
Description
Resistance : 0.58
Support : 0.43
RSI of 48
RSI is rebounding
STOCHASTIC
It is turning upwards from its oversold level
TREND INDICATOR
Comment
The recent correction from 0.74 has ended at 0.43 yesterday. A 50% retracement level is at 0.58
Trading Strategy
Buy. Stop loss is at 0.43
Source:Jupiter Securities Research 06 April 2012
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