Wednesday, 15 Aug 2012 ALAM – Stock Pick

Wednesday, 15 Aug 2012 ALAM – Stock Pick



ALAM ( 5115 : 0.56 ) : Targeting 0.63:/Stop loss 0.53

Description

Resistance : 0.59 0.63

Support : 0.53

RSI of 56
RSI is on the rise

STOCHASTIC
It is in an upswing

Comment
Following the breakout, it is retesting the Double top of 0.57. Resistance is at 0.63

Trading Strategy
Buy. Stop loss is at 0.53

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.