Stock Overview - FITTERS - 8 June 2012

FITTERS ( 9318 : 0.72 ) : Targeting 0.85/Stop loss 0.69

Description

Resistance : 0.85
Support : 0.70

RSI of 53
RSI is recovering

STOCHASTIC
It is oversold

Comment
The recent correction has ended at the Double bottom of 0.68. It is in for a technical rebound to target 0.85

Trading Strategy
Buy. Stop loss is at 0.69

Source:Jupiter Securities Research 08 June 2012