PCHEM ( 5183 : 6.60 ) : Double bottom
Description
Resistance : 6.90
Support : 6.34 6.54
RSI of 38
RSI is stabilising
STOCHASTIC
It is oversold
TREND INDICATOR
Comment
It appears to have found support at the Double bottom of 6.56
Trading Strategy
Buy. Stop loss 6.54
Source:Jupiter Securities Research 24 April 2012
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