Friday, 13 Jan 2012 BENALEC – Stock Pick

BENALEC ( 5190 : 1.32 ) : Targeting 1.76
Description
Resistance : 1.76
Support : 1.29
RSI of 53
RSI is neutral
STOCHASTIC
It is oversold, and due for a recovery
TREND INDICATOR
Up
Comment
Currently it is hovering at a key support level of 1.29, indicating an eventual upward push to 1.76
Trading Strategy
Buy. Stop loss is at 1.28


Disclaimer
This report is provided for information purposes only.