Thursday 15 November 2012

Stock Overview - BORNOIL - 16 Nov 2012

BORNOIL ( 7036 : 0.49 ) : Targeting 0.56/Stop loss 0.42

Description

Resistance : 0.56 0.60
Support : 0.42

RSI of 64
RSI is on the rise

STOCHASTIC
It is neutral

Comment
Current recovery is heading for a test on the 0.56 level

Trading Strategy
Buy. Stop loss is at 0.42

Source:Jupiter Securities Research, 16 November 2012

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