HOVID ( 7213 : 0.21 ) : Targeting 0.25/Stop loss 0.19
Description
Resistance : 0.25
Support : 0.19
RSI of 51
RSI is recovering
STOCHASTIC
It is approaching oversold
Comment
The recent sell down may have bottomed out at the Double bottom of 0.20, indicating a likely technical rebound to 0.25
Trading Strategy
Buy. Stop loss is at 0.19
Source:Jupiter Securities Research 03 September 2012
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