Friday, 1 June 2012

Stock Overview - COASTAL - 1 June 2012


COASTAL ( 5071 : 1.76 ) : Targeting 2.00/Stop loss 1.62

Description

Resistance : 2.00
Support : 1.69

RSI of 29
RSI is oversold

STOCHASTIC
It is oversold

Comment
The current oversold situation, points to an overdue technical rebound

Trading Strategy
Buy. Stop loss is at 1.62

Source:Jupiter Securities Research 01 June 2012

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