Stock Overview - TRC - 15 June 2012

TRC ( 5054 : 0.67 ) : Buy around 0.65/Stop loss 0.62

Description

Resistance : 0.74
Support : 0.62 0.65

RSI of 55
RSI is on the rise

STOCHASTIC
It is on the rise

Comment
Following the recent sharp upmove, a pullback is likely before resuming its upmove to 0.74

Trading Strategy
Buy around 0.65. Stop loss is at 0.62

Source:Jupiter Securities Research 15 June 2012