Thursday, 22 Dec 2011. JCY – Stock Pick

JCY ( 5161 : 0.93 ) : Stop loss 0.89
Description
Resistance : 0.97 1.18
Support : 0.89
RSI of 80
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
While the current upward push is likely to target 1.18, a stop loss should be placed at 0.89
Trading Strategy
Buy. Stop loss is at 0.89

Disclaimer
This report is provided for information purposes only.