Sunday 11 November 2012

Stock Overview - GPACKET - 12 Nov 2012

GPACKET ( 0082 : 0.58 ) : Targeting 0.64/Stop loss 0.54

Description

Resistance : 0.64
Support : 0.56

RSI of 55
RSI is neutral

STOCHASTIC
It is oversold

Comment
It is oversold following the current correction from its high of 0.68. It is due for a technical rebound

Trading Strategy
Buy. Stop loss is at 0.56

Source:Jupiter Securities Research, 12 November 2012

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