Stock Overview - OLDTOWN - 26 July 2012

OLDTOWN ( 5201 : 1.76 ) : Buy below 1.70

Description

Resistance : 2.05
Support : 1.65

RSI of 51
RSI is neutral

STOCHASTIC
It is oversold, indicating a limited downside

Comment
Following the current pullback from the recent high of 2.05, it is due for a rebound

Trading Strategy
Buy below 1.70. Stop loss is at 1.59

Source:Jupiter Securities Research 26 July 2012