P&O (6009 : 1.22 ) : Targeting 1.40/Stop loss 1.17
Description
Resistance : 1.40
Support : 1.17
RSI of 61
RSI is rising
STOCHASTIC
It is on an upswing
Comment
It appears to have broken out of its consolidation, and is targeting 1.40. A tight stop loss should be placed at 1.17
Trading Strategy
Buy. Tight stop loss is at 1.17
Source:Jupiter Securities Research, 04 December 2012
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