Monday, 30 Jan 2012 CEPAT – Stock Pick

CEPAT ( 8982 : 1.13 ) : Stop loss 1.06
Description
Resistance : 1.31
Support : 1.06
RSI of 66
RSI is on the rise
STOCHASTIC
It is on an upswing
TREND INDICATOR
Up
Comment
The current run up is targeting the 61.8% retracement level of 1.31. A tight stop loss should be placed at
1.06
Trading Strategy
Buy. Stop loss is at 1.06

Disclaimer
This report is provided for information purposes only.