CSL ( 5214 : 1.02 ) : Targeting 1.22/Stop loss 0.94
Description
Resistance : 1.22
Support : 0.94
RSI of 32
RSI is on a buy divergence
STOCHASTIC
It is oversold
Comment
The recent correction is nearing its end, indicating that it is due for a technical rebound on the RSI positive divergence
Trading Strategy
Buy. Stop loss is at 0.94
Source:Jupiter Securities Research 10 August 2012
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