Stock Overview - WEIDA - 16 July 2012

WEIDA ( 7111 : 1.26 ) : Targeting 1.44/Stop loss 1.20

Description

Resistance : 1.44
Support : 1.20

RSI of 79
RSI is overbought

STOCHASTIC
It is riding on an upswing

Comment
The upkick yesterday, is heading for 1.44

Trading Strategy
Buy. Stop loss is at 1.20

Source:Jupiter Securities Research 16 July 2012