Thursday, May 7, 2015

Osim: Opportunity to accumulate on Dips above 1.60 - 1.62

As issued to clients yesterday morning, rebounded from support to a high of 1.73 seen today….. going back down again? Now 1.695

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Sent: Wednesday, May 06, 2015 9:15 AM
Subject: ************** Osim: Opportunity to accumulate on Dip above 1.60 - 1.62
On weaker results reported, Osim has gapped down below the immediate 1.85 support level and traded back to a low of 1.62 which was the support found in Nov last year before it rebounded. This would form as a base for it to rebound from like we have seen previously. As long as 1.60 – 1.62 holds as the support still positive to ride in the short term. Back to 1.80 then 1.85. Can accumulate on dips near 1.62 with stop loss at 1.59.

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