Tuesday 7 August 2012

Stock Overview - MEDIA - 8 Aug 2012

MEDIA ( 4502 : 2.42 ) : Targeting 2.62/Stop loss 2.33

Description

Resistance : 2.62
Support : 2.33

RSI of 62
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
The current recovery is heading for 2.62

Trading Strategy
Buy. Stop loss is at 2.33

Source:Jupiter Securities Research 08 August 2012

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