Thursday 19 July 2012

Stock Overview - BGYEAR - 20 July 2012


BGYEAR ( 7023 : 0.46 ) : Targeting 0.54/Stop loss 0.40

Description

Resistance : 0.54 0.62
Support : 0.40

RSI of 64
RSI is rising

STOCHASTIC
It is on an upswing

Comment
The current technical rebound is targeting 0.54, and possibly 0.62

Trading Strategy
Buy. Stop loss is at 0.40

Source:Jupiter Securities Research 20 July 2012

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