Stock Overview - BIMB - 3 May 2012

BIMB ( 5258 : 2.67 ) : Targeting 2.94/Stop loss 2.54

Description

Resistance : 2.94 3.30
Support : 2.54

RSI of 74
RSI is overbought

STOCHASTIC
It is riding on an upswing

Comment
The past 2 days of strong upkick, indicate further upward push to test a price gap at 2.94

Trading Strategy
Buy. Stop loss is at 2.54

 Sourcs:Jupiter Securities Research 03 May 2012