Tuesday, 26 July 2011. TRC – Stock Pick

TRC ( 5054 : 0.68 ) : Buy below 0.67
Description
Resistance : 0.74
Support : 0.65
RSI of 37
RSI is approaching oversold
STOCHASTIC
It is oversold
TREND INDICATOR.
Comment
It is oversold, and due for a technical rebound to test 0.74. Currently it is heading lower, and may find
support at 0.65
Trading Strategy
Buy below 0.67. Stop loss is at 0.64