Thursday, 5 Jan 2012 HWGB – Stock Pick

HWGB ( 9601 : 0.41 ) : Targeting 0.54
Description
Electrical components
Resistance : 0.54
Support : 0.37
RSI of 69
RSI is on the rise
STOCHASTIC
It is riding on an uptrend
TREND INDICATOR
Up
Comment
The sharp upkick on higher volume yesterday, points to an upward push to 0.54
Trading Strategy
Buy. Stop loss is at 0.37

Disclaimer
This report is provided for information purposes only.