Friday, 30 Dec 2011. TA – Stock Pick

TA ( 4898 : 0.59 ) : Double bottom
Description
Resistance : 0.72
Support : 0.57
RSI of 55
RSI is neutral
STOCHASTIC
It is on an upswing
TREND INDICATOR
Up
Comment
Currently hovering at the Double bottom of 0.57, it expected to test the 61.8% retracement of 0.72
Trading Strategy
Buy. Stop loss is at 0.56

Disclaimer
This report is provided for information purposes only.