Friday, 22 July 2011. LATEXX – Stock Pick-- Breakout

LATEXX ( 7064 : 2.28 ) : Breakout
Description
Rubber gloves
Resistance : 2.40 2.51
Support : 2.20 2.25
RSI of 62
RSI is heading higher
STOCHASTIC
It remains in an upswing
TREND INDICATOR.
Up
Comment
Following the consolidation breakout, the upside is at 2.40, and 2.51
Trading Strategy
Buy. Stop loss is at 2.20