POS (4634 : 3.29 ) : Targeting 3.54/Stop loss 3.20
Description
Resistance : 3.54
Support : 3.20
RSI of 72
RSI is overbought
STOCHASTIC
It is on an upswing
Comment
The breakout yesterday is heading for 3.54. A tight stop loss should be placed at 3.20
Trading Strategy
Buy. Stop loss is at 3.20
Source:Jupiter Securities Research - 12 December 2012
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