PCHEM ( 5183 : 6.40 ) : Targeting 6.71/Stop loss 6.21
Description
Resistance : 6.71
Support : 6.21 6.31
RSI of 45
RSI is neutral
STOCHASTIC
It is neutral
Comment
It has completed its recent correction at the low of 6.19. With a good support at 6.21, it is on a technical rebound to 6.71
Trading Strategy
Buy. Stop loss is at 6.21
Source:Jupiter Securities Research, 26 September 2012
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