BORNOIL ( 7036 : 0.41 ) : Targeting 0.47/Stop loss 0.38
Description
Resistance : 0.47
Support : 0.38
RSI of 43
RSI is recovering
STOCHASTIC
It is oversold
Comment
The recent sell down has ended at the Double bottom of 0.385. With oversold technicals, it is due for a technical rebound
Trading Strategy
Buy: Stop loss is at 0.38
Source:Jupiter Securities Research, 03 October 2012
No comments:
Post a Comment