Monday, 21 Nov 2011. ULICORP – Stock Pick

ULICORP ( 7133 : 0.79 ) : Targeting 1.02
Description
Steel maker
Resistance : 1.02
Support : 0.76
RSI of 46
RSI is neutral
STOCHASTIC
It is oversold
TREND INDICATOR
Sideways
Comment
Currently it is base forming, for an upward push to 1.02
Trading Strategy
Buy for 1.02. Tight stop loss at 0.76