Sunday, 1 July 2012

Stock Overview - HAPSENG - 2 July 2012


HAPSENG ( 3034 : 1.79 ) : Targeting 2.00/Stop loss 1.72

Description

Resistance : 1.87 2.00
Support : 1.75

RSI of 61
RSI is on a positive divergence

STOCHASTIC
It is riding on an upswing

Comment
The sharp upkick is heading for 1.87, and possibly 2.00

Trading Strategy
Buy. Stop loss is at 1.72

Source:Jupiter Securities Research 02 July 2012

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