Monday, 21 May 2012

Stock Overview - IOICORP - 21 May 2012

IOICORP ( 1961 : 4.93 ) : Avoid/Testing 4.70

Description

Resistance : 5.10
Support : 4.70

RSI of 28
RSI is weak

STOCHASTIC
It is weak

Comment
Technicals are to stay oversold or weak for a while, as it is heading to test 4.70

Trading Strategy
Avoid

Source:Jupiter Securities Research 21 May 2012

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