Stock Name: GOCEAN
Company Name: GREEN OCEAN CORPORATION BERHAD
GOCEAN ( 0074 : 0.305 ) : Targeting 0.42
Description
Resistance : 0.42
Support : 0.17 0.25
RSI of 68
RSI is on the rise
STOCHASTIC
It riding on an upswing
TREND INDICATOR
Comment
It has bottomed at the 0.25 low, a 61.8% retracement, indicating a likely push up to 0.42. A tight stop loss should be placed at 0.25
Trading Strategy
Buy. Stop loss is at 0.25
Source: Jupiter Securities Research 7 March 2012
Company Name: GREEN OCEAN CORPORATION BERHAD
| Research House: JUPITER | Price Call: BUY | Target Price: 0.42 |
GOCEAN ( 0074 : 0.305 ) : Targeting 0.42
Description
Resistance : 0.42
Support : 0.17 0.25
RSI of 68
RSI is on the rise
STOCHASTIC
It riding on an upswing
TREND INDICATOR
Comment
It has bottomed at the 0.25 low, a 61.8% retracement, indicating a likely push up to 0.42. A tight stop loss should be placed at 0.25
Trading Strategy
Buy. Stop loss is at 0.25
Source: Jupiter Securities Research 7 March 2012
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