Stock Overview - BURSA - 4 June 2012

BURSA ( 1818 : 6.05 ) : Targeting 6.40/Stop loss 5.85

Description

Resistance : 6.40 6.60
Support : 5.85

RSI of 28
RSI is on a positive divergence

STOCHASTIC
It is overbought

Comment
With oversold technicals, it is heading higher to 6.40, then 6.60

Trading Strategy
Buy. Stop loss is at 5.85

Source:Jupiter Securities Research 04 June 2012