Wednesday, 26 September 2012

Stock Overview - SUPERMX - 27 Sept 2012

SUPERMX ( 7106 : 2.01 ) : Targeting 2.46/Stop loss 1.92

Description

Resistance : 2.18 2.46
Support : 1.92

RSI of 45
RSI is on a buy divergence

STOCHASTIC
It is oversold

Comment
Following the recent pullback to 1.93, it is due for a technical rebound

Trading Strategy
Buy. Stop loss is at 1.92

Source:Jupiter Securities Research, 27 September 2012

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