Fool Trader KLSE Research

Stock Overview - GOCEAN - 7 Mar 2012

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Publish date: Wed, 07 Mar 2012, 12:22 PM
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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