Thursday, 29 Dec 2011. MULTICO – Stock Pick

MULTICO ( 7004 : 0.77 ) : Targeting 0.86
Description
Auto parts
Resistance : 0.86 0.98
Support : 0.74
RSI of 65
RSI is rebounding
STOCHASTIC
It has started to move up
TREND INDICATOR
Sideways
Comment
The strong upkick yesterday is targeting 0.86, and possibly 0.98
Trading Strategy
Buy. Stop loss is at 0.74
Disclaimer
This report is provided for information purposes only.