Thursday, 24 Nov 2011. HEXAGON – Stock Pick

HEXAGON ( 7455 : 0.21 ) : Targeting 0.26
Description
Engineering services
Resistance : 0.26 0.27
Support : 0.20
RSI of 49
RSI is neutral
STOCHASTIC
It is slightly oversold
TREND INDICATOR
Down
Comment
The recent correction from 0.32 high may have ended at the neckline of 0.20. With technicals slightly
oversold, a technical rebound to 0.26 is likely. A tight stop loss should be placed at 0.185
Trading Strategy
Buy for 0.26. Stop loss is at 0.185