RSAWIT ( 5113 : 0.93 ) : Targeting 0.98/Stop loss 0.91
Description
Resistance : 0.98
Support : 0.91
RSI of 32
RSI is oversold
STOCHASTIC
It is oversold
Comment
The recent sell down may have ended at 0.905. A technical rebound, to ease the oversold level, is possible with the upside capped at 0.99
Trading Strategy
Buy. A tight stop loss at 0.91
Source:Jupiter Securities Research, 12 October 2012
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