Thursday, 5 July 2012 SHCHAN – Stock Pick

Thursday, 5 July 2012 SHCHAN – Stock Pick



SHCHAN ( 4316 : 1.23 ) : Targeting 1.34/Stop loss 1.17


Description

Resistance : 1.28 1.34

Support : 1.17

RSI of 60
RSI is on the rise

STOCHASTIC
It is riding on an upswing

Comment
Following the consolidation breakout, it is targeting 1.28, 1.34

Trading Strategy
Buy. Stop loss is at 1.17




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.