PWROOT ( 7237 : 1.00 ) : Targeting 1.22/Stop loss 0.97
Description
Resistance : 1.22
Support : 0.97
RSI of 47
RSI is on the rise
STOCHASTIC
It is oversold
Comment
As the current consolidation is hovering at the 0.97 support line, it is likely to head higher to 1.22
Trading Strategy
Buy. Stop loss is at 0.97
Source:Jupiter Securities Research,01 November 2012
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