Stock Overview - BIMB - 18 May 2012

BIMB ( 5258 : 2.45 ) : Targeting 2.70/Stop loss 2.34

Description

Resistance : 2.70
Support : 2.34

RSI of 46
RSI is recovering

STOCHASTIC
It is on a small buy signal

Comment
With oversold technicals, a technical rebound to target 2.70 is likely

Trading Strategy
Buy. Stop loss is at 2.34

Source: Jupiter Securities Research 18 May 2012