ARMADA ( 5210 : 3.72 ) : Targeting 3.95/Stop loss 3.62
Description
Resistance : 3.95
Support : 3.62
RSI of 46
RSI is on a positive divergence
STOCHASTIC
It is oversold
Comment
Following the recent sell down, it is due for a technical rebound as technicals are oversold
Trading Strategy
Buy. Stop loss is at 3.62
Source:Jupiter Securities Research 14 September 2012
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