Tuesday, 22 Nov 2011. PCHEM – Stock Pick

PCHEM ( 5183 : 6.00 ) : Downside 5.70
Description
Resistance : 6.10 6.27
Support : 5.70
RSI of 41
RSI is weakening
STOCHASTIC
It is trending down
TREND INDICATOR
Down
Comment
The current correction from 6.50, is targeting the 61.8% retracement of 5.70
Trading Strategy
Take profit.