P&O ( 6009 : 1.22 ) : Targeting 1.30-1.40/Stop loss 1.15
Description
Resistance : 1.30 1.40
Support : 1.15
RSI of 70
RSI is on the rise
STOCHASTIC
It is on an upswing
Comment
Following the sharp breakout yesterday, it is heading for 1.30, and possibly 1.40
Trading Strategy
Buy. Stop loss is at 1.15
Source:Jupiter Securities Research 14 August 2012
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