Stock Overview - RSAWIT- 16 May 2012

RSAWIT ( 5113 : 1.03 ) : Sell/Resistance 1.07

Description

Resistance : 1.07
Support : 0.84 0.93

RSI of 33
RSI remains weak

STOCHASTIC
It is riding on a downswing

Comment
The current correction from 1.22 high is not over yet. With resistance at 1.07, it is likely to drift down to 0.93

Trading Strategy
Sell

Source:Jupiter Securities Research 16 May 2012