Wednesday 11 July 2012

Stock Overview - HIBISCS- 12 July 2012


HIBI ( 5199 : 1.56 ) : Targeting 1.80/Stop loss 1.50

Description

Resistance : 1.70 1.80
Support : 1.50

RSI of 60
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
Following the consolidation breakout yesterday, it is targeting 1.80

Trading Strategy
Buy. Stop loss is at 1.50

Source:Jupiter Securities Research 12 July 2012

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