Friday, 16 Dec 2011. QL – Stock Pick

QL ( 7084 : 3.00 ) : Consolidation breakout
Description
Food manufacturing
Resistance : 3.30
Support : 2.92
RSI of 63
RSI is on the rise
STOCHASTIC
It is riding on an upswing
TREND INDICATOR
Up
Comment
Following the consolidation breakout, it is targeting 3.30
Trading Strategy
Buy. Stop loss is at 2.92