Stock Overview - THPLANT - 19 June 2012

THPLANT ( 5112 : 2.29 ) : Targeting 2.54/Stop loss 2.18

Description

Resistance : 2.54 2.58
Support : 2.18

RSI of 42
RSI has gone into a positive divergence

STOCHASTIC
It is approaching oversold

Comment
With oversold technicals, it is due for a technical rebound

Trading Strategy
Buy. Stop loss is at 2.18

Source:Jupiter Securities Research 19 June 2012