Monday, 23 April 2012

Stock Overview - PCHEM - 24 Apr 2012

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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