Thursday, November 13, 2014

Jardine C&C (technical)

Jardine C&C: technicals are looking positive, with the key indicators rising positively. In particular, RSI is about to break above the neutral 50 level, which would be an added confirmation of the positive signal. Following the good base building between $39-40, and break out above the 20day moving average and psychological $40 resistance-turned-support, the counter could make a recovery back to the firm $43 resistance .

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