Thursday 23 August 2012

Stock Overview - DELEUM - 24 Aug 2012

DELEUM ( 5132 : 1.90 ) : Targeting 2.10/Stop loss 1.84

Description

Resistance : 2.10
Support : 1.84

RSI of 55
RSI remains firm

STOCHASTIC
It is on an upswing

Comment
The current recovery is heading for 2.10. A tight stop loss should be placed at 1.84

Trading Strategy
Buy. Stop loss is at 1.84

Source:Jupiter Securities Research 24 August 2012

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