Thursday, 24 Nov 2011. KOMARK – Stock Pick

KOMARK ( 7017 : 0.33 ) : Targeting 0.38
Description
Packaging services
Resistance : 0.38 0.42
Support : 0.28
RSI of 74
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
The current strong run up is likely to be heading for 0.38. A tight stop loss should be placed at 0.28
Trading Strategy
Buy for 0.38. Stop loss is at 0.28