Tuesday, 9 October 2012

Stock Overview - ETITECH - 10 Oct 2012

ETITECH ( 0118 : 0.10 ) : Targeting 0.13/Stop loss 0.085

Description

Resistance : 0.13
Support : 0.085

RSI of 28
RSI is on a buy divergence

STOCHASTIC
It is oversold

Comment
With oversold technicals, it is due for a technical rebound to 0.13

Trading Strategy
Buy. Stop loss is at 0.085

Source:Jupiter Securities Research, 10 October 2012

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