Monday, 18 July 2011. AFG – Stock Pick

AFG ( 2488 : 3.52 ) : Technical rebound
Description
Resistance : 3.70 3.88
Support : 3.46
RSI of 65
RSI has eased off its overbought level
STOCHASTIC
It has also eased off its overbought level
TREND INDICATOR.
Up
Comment
It has completed its recent small correction. A technical rebound to 3.70 is likely
Trading Strategy
Buy. Stop loss is at 3.46