Monday, 9 Jan 2012 UEMLAND – Stock Pick

UEMLAND ( 5148 : 2.25 ) : Stop loss 2.14
Description
Resistance : 2.56
Support : 2.14 2.18
RSI of 49
RSI is neutral
STOCHASTIC
It is on a down swing
TREND INDICATOR
Down
Comment
It may be developing into an expanding Triangle, meaning, that the current down swing is limited, and it is
due for an upswing. Caution is on a downside breach of 2.14, which will negate the expanding Triangle
scenario. A tight stop loss should be placed at 2.14
Trading Strategy
Buy. Stop loss is at 2.14

Disclaimer
This report is provided for information purposes only.