Tuesday, 3 Jan 2012 GUANCHG – Stock Pick

GUANCHG ( 5102 : 2.00 ) : Double bottom
Description
Resistance : 2.28
Support : 1.96
RSI of 38
RSI is on a positive divergence
STOCHASTIC
It is on an up swing
TREND INDICATOR
Sideways
Comment
Currently it is hovering at the Double bottom of 1.98, indicating a likely upmove to 2.28
Trading Strategy
Buy. Stop loss is at 1.96

Disclaimer
This report is provided for information purposes only.