Tuesday, 25 September 2012

Stock Overview - PCHEM - 26 Sep 2012

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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