Stats Chippac (technical)

Stats Chippac: Trading Central has a Technical Sell Call with $0.362 TP. Note that the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is below its 20 day MA (0.46) but above its 50 day MA