Tuesday, 14 Aug 2012 P and O – Stock Pick

Tuesday, 14 Aug 2012 P&O – Stock Pick



P&O ( 6009 : 1.22 ) : Targeting 1.30-1.40/Stop loss 1.15

Description

Resistance : 1.30 1.40

Support : 1.15

RSI of 70
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
Following the sharp breakout yesterday, it is heading for 1.30, and possibly 1.40

Trading Strategy
Buy. Stop loss is at 1.15

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.