Monday, 3 September 2012

Stock Overview - EVERGRN - 4 Sep 2012

EVERGRN ( 5101 : 0.67 ) : Targeting 0.76/Stop loss 0.62

Description

Resistance : 0.76
Support : 0.62

RSI of 20
RSI is oversold

STOCHASTIC
It is oversold

Comment
Following the recent sharp sell down, it is due for a technical rebound on the oversold technicals

Trading Strategy
Buy. Stop loss is at 0.62

Source:Jupiter Securities Research 04 September 2012

No comments:

Post a Comment