Thursday, 24 May 2012

Stock Overview - CBIP - 25 May 2012


CBIP ( 7076 : 2.54 ) : Targeting 2.80/Stop loss 2.44

Description
Agricultural machinery

Resistance : 2.80
Support : 2.44

RSI of 39
RSI has stabilised

STOCHASTIC
It is oversold

Comment
The current technical rebound is targeting the price gap of 2.80

Trading Strategy
Buy. Stop loss is at 2.44

Source:Jupiter Securities Research 25 May 2012

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