Friday, 9 Dec 2011. AFG – Stock Pick

AFG ( 2488 : 3.78 ) : Targeting 4.08
Description
Resistance : 4.08
Support : 3.60
RSI of 71
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
While the current upmove has an upside of 4.08, a tight stop loss should be placed at 3.60
Trading Strategy
Buy for 4.08. Stop loss is at 3.60