Tuesday 1 January 2013

Stock Overview - GCB - 2 Jan 2013

GCB (5102 : 1.66 ) : Targeting 1.78/Stop loss 1.59

Description

Resistance : 1.78
Support : 1.59

RSI of 41
RSI is on a positive divergence

STOCHASTIC
It is oversold

Comment
The current recovery, from the Double bottom of 1.59, is heading for 1.78

Trading Strategy
Buy. Stop loss is at 1.59

Source: Jupiter Securities Research - 02 January 2013

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