Wednesday, 23 Nov 2011. LIENHOE – Stock Pick

LIENHOE ( 3573 : 0.34 ) : Take profit
Description
Resistance : 0.36
Support : 0.28 0.31
RSI of 76
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Sideways
Comment
It has hit our upside target. Upside has been capped at the overhead trendline around 0.36, indicating that it
is in for a correction
Trading Strategy
Take profit. Strong resistance is at 0.36