Sunday 5 August 2012

Stock Overview - TM - 6 Aug 2012


TM ( 4863 : 5.73 ) : Targeting 6.00/Stop loss 5.60

Description

Resistance : 6.00 6.20
Support : 5.60

RSI of 58
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
The current technical rebound is likely to retest the previous high of 6.00

Trading Strategy
Buy. Stop loss is at 5.60

Source:Jupiter Securities Research 06 August 2012

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