Monday, 14 May 2012

Stock Overview - CANONE- 15 May 2012


CANONE ( 5105 : 2.10 ) : Targeting 2.42/Stop loss 2.00

Description

Resistance : 2.42
Support : 2.00

RSI of 60
RSI is on the rise

STOCHASTIC
It has turned upwards

Comment
It is expected to breakout of its consolidation, to target 2.42

Trading Strategy
Buy. Stop loss is at 2.00

Source:Jupiter Securities Research 15 May 2012

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