Wednesday 28 November 2012

Stock Overview - TM - 29 Nov 2012

TM (4863 : 5.50 ) : Targeting 5.85/Stop loss 5.36

Description

Resistance : 6.00
Support : 5.42

RSI of 39
RSI is on a spike-up

STOCHASTIC
It is oversold

Comment
With oversold technicals, it is on a technical rebound

Trading Strategy
Buy. Stop loss is at 5.36

Source:Jupiter Securities Research, 29 November 2012

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