Wednesday 2 January 2013

Stock Overview - HIBISCS - 3 Jan 2013

HIBISCS (5199 : 1.46 ) : Targeting 1.65/Stop loss 1.40

Description

Resistance : 1.65
Support : 1.40

RSI of 40
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
The current recovery is heading for 1.65. A tight stop loss should be placed at 1.40

Trading Strategy
Buy. Stop loss is at 1.40

Source: Jupiter Securities Research - 03 January 2013

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