BRIGHT ( 9938 : 1.47 ) : Targeting 1.62/Stop loss 1.39
Description
Resistance : 1.62 1.72
Support : 1.39
RSI of 52
RSI is rebounding
STOCHASTIC
It is oversold
Comment
The strong upkick yesterday, is retesting the high of 1.63, and likely to target 1.72
Trading Strategy
Buy. Stop loss is at 1.39
Source:Jupiter Securities Research 19 September 2012
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