EMICO – Stock Pick

Friday, 18 Nov 2011. EMICO – Stock Pick

EMICO HOLDINGS BHD (0.29000, 0.32500, 0.29000, 0.30000), TRIX (3.71837)
EMICO ( 9091 : 0.31 ) : Sell into rallies
Description
Resistance : 0.34 0.36
Support : 0.27
RSI of 60
RSI is weakening
STOCHASTIC
It is weakening
TREND INDICATOR
Sideways
Comment
The recent pullback is not over yet. Upside is limited to 0.34
Trading Strategy
Sell into rallies. Upside limited to 0.3