Wednesday, 23 May 2012

Stock Overview - TA - 24 May 2012


TA ( 4898 : 0.54 ) : Targeting 0.62/Stop loss 0.51

Description

Resistance : 0.62 0.72
Support : 0.53

RSI of 40
RSI is on a positive divergence

STOCHASTIC
It is oversold

Comment
The recent correction has ended at the price gap of 0.53

Trading Strategy
Buy. Stop loss is at 0.51

Source:Jupiter Securities Research 24 May 2012

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