Stock Overview - SHCHAN - 14 Mar 2012

Date: 
2012-03-14
Firm: 
JUPITER
Stock: 
Price Target: 
1.24
Price Call: 
BUY
Last Price: 
0.305
Upside/Downside: 
+0.935 (306.56%)
SHCHAN ( 4316 : 1.10 ) : Targeting 1.24

Description
Animal feeds and poultry products

Resistance : 1.16 1.24
Support : 0.94

RSI of 78
RSI is overbought

STOCHASTIC
It is riding on an upswing

TREND INDICATOR
Comment
The strong spike-up yesterday, is heading higher to the 61.8% retracement of 1.16, and possibly 1.24. Stop loss should be placed at 0.94

Trading Strategy
Buy. Stop loss is at 0.94

Source:Jupiter Securities Research 14 March 2012
Discussions
1 person likes this. Showing 3 of 3 comments

oasischeah

Have a feeling this stock will post stronger on Monday

2012-03-18 21:17

thor

Dun play with feeling. If you carry on playing with feeling you will soon reach Holland

2012-03-18 23:05

oasischeah

Just invest a little. Hope make some money. Have you anything to reccomend?

2012-03-18 23:18

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