Thursday, 4 Aug 2011. SANICHI – Stock Pick

SANICHI ( 0133 : 0.09 ) : Testing 0.155
Description
Machine tools
Resistance : 0.155
Support : 2.92
RSI of 84
RSI is overbought
STOCHASTIC
It is on an upswing
TREND INDICATOR.
Up
Comment
The current upkick is likely to be testing the previous high of 0.155
Trading Strategy
Buy. Stop loss is at 0.07