Wednesday 22 August 2012

Stock Overview - SCOMI - 23 Aug 2012

SCOMI ( 7158 : 0.245 ) : Targeting 0.30/Stop loss 0.225

Description

Resistance : 0.27 0.30
Support : 0.225

RSI of 67
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
The upkick yesterday is heading for 0.30

Trading Strategy
Buy. Stop loss is at 0.225

Source:Jupiter Securities Research 23 August 2012

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