Friday, 9 Dec 2011. DENKO – Stock Pick

DENKO ( 8176 : 0.39 ) : Targeting 0.45
Description
Resistance : 0.45
Support : 0.37
RSI of 61
RSI is on the rise
STOCHASTIC
It is on an upswing
TREND INDICATOR
Up
Comment
Following the upside trendline breakout, it is targeting 0.45
Trading Strategy
Buy for 0.45. Stop loss is at 0.37