Friday, 29 July 2011. BIG – Stock Pick

BIG ( 7005 : 0.41 ) : Positive technicals
Description
Quarrying
Resistance : 0.54 0.62
Support : 0.36
RSI of 81
RSI is to stay overbought for a while longer
STOCHASTIC
It is on an upswing
TREND INDICATOR.
Up
Comment
With positive technicals, the current rise is heading for 0.54
Trading Strategy
Buy. Stop loss is at 0.36