Tuesday 13 November 2012

Stock Overview - SERNKOU - 14 Nov 2012

SERNKOU ( 7180 : 0.225 ) : Targeting 0.28/Stop loss 0.205

Description
Furniture manufacturing

Resistance : 0.28
Support : 0.205

RSI of 66
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
Following the consolidation breakout and the Double bottom of 0.195, it is heading for 0.28

Trading Strategy
Buy. Stop loss is at 0.205

Source:Jupiter Securities Research, 14 November 2012

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