Wednesday 22 August 2012

Stock Overview - TDM - 23 Aug 2012

TDM ( 2054 : 3.88 ) : Targeting 4.26/Stop loss 3.77

Description

Resistance : 4.26
Support : 3.77

RSI of 32
RSI is recovering

STOCHASTIC
It is oversold

Comment
The upkick yesterday is heading for the 50% retracement of 4.26

Trading Strategy
Buy. Stop loss is at 3.77

Source:Jupiter Securities Research 23 August 2012

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