Wednesday, 29 Aug 2012 LCHEONG – Stock Pick

Wednesday, 29 Aug 2012 LCHEONG – Stock Pick



LCHEONG ( 7943 : 0.19 ) : Targeting 0.32/Stop loss 0.17

Description

Resistance : 0.32

Support : 0.17

RSI of 70
RSI is overbought

STOCHASTIC
It is riding on an upswing

Comment
Following the consolidation breakout, it is heading for 0.32

Trading Strategy
Buy. Stop loss is at 0.17

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.