Thursday, 10 May 2012 TRC – Stock Pick

Thursday, 10 May 2012 TRC – Stock Pick


TRC ( 5054 : 0.74 ) : Targeting 0.815/Stop loss 0.70

Description

Resistance : 0.78 0.815

Support : 0.71

RSI of 57
RSI is recovering

STOCHASTIC
It is oversold

Comment
Following the consolidation breakout, it is heading for 0.78, and the previous high of 0.815


Trading Strategy
Buy. Stop loss is at 0.70


Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.