Stock Overview - GENM- 18 May 2012

GENM ( 4715 : 3.58 ) : Targeting 3.93/Stop loss 3.50

Description

Resistance : 3.93
Support : 3.50

RSI of 31
RSI is on a small spike up

STOCHASTIC
It is oversold

Comment
With oversold technicals, a technical rebound to target 3.93 is likely

Trading Strategy
Buy. Stop loss is at 3.50

Source: Jupiter Securities Research 18 May 2012