TM ( 4863 : 5.86 ) : Targeting 6.10/Stop loss 5.76
Description
Resistance : 6.10
Support : 5.79
RSI of 41
RSI is approaching oversold
STOCHASTIC
It is approaching oversold
Comment
The recent correction has ended at 5.79, as technicals are approaching oversold indicating a limited downside
Trading Strategy
Buy. Stop loss is at 5.76
Source:Jupiter Securities Research,25 September 2012
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