Monday, 10 September 2012

Stock Overview - ITRONIC - 11 Sep 2012

ITRONIC ( 9393 : 0.74 ) : Targeting 0.85/Stop loss 0.715

Description

Resistance : 0.85
Support : 0.715

RSI of 64
RSI is rising

STOCHASTIC
It is oversold, and due for a rebound

Comment
It has completed its correction at 0.695, and is heading for 0.85

Trading Strategy
Buy. Stop loss is at 0.715

Source:Jupiter Securities Research 11 September 2012

No comments:

Post a Comment