Thursday 23 August 2012

Stock Overview - CENBOND - 24 Aug 2012

CENBOND ( 7171 : 1.06 ) : Targeting 1.38/Stop loss 1.02

Description

Resistance : 1.38
Support : 1.02

RSI of 62
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
The current recovery is heading for 1.38. A tight stop loss should be placed at 1.02

Trading Strategy
Buy. Stop loss is at 1.02

Source:Jupiter Securities Research 24 August 2012

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