Tuesday, 11 December 2012

Stock Overview - POS - 12 Dec 2012

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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