PWROOT ( 7237 : 1.02 ) : Targeting 1.22/Stop loss 0.98
Description
Resistance : 1.22
Support : 0.98
RSI of 84
RSI is overbought
STOCHASTIC
It is riding on an upswing
Comment
Following the consolidation breakout, it is heading for 1.22. A tight stop loss should be placed at 0.98
Trading Strategy
Buy. Stop loss is at 0.98
Source:Jupiter Securities Research 29 August 2012
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