Tuesday, 3 Jan 2012 SCOMIMR – Stock Pick

SCOMIMR ( 7045 : 0.38 ) : Targeting 0.49
Description
Resistance : 0.42 0.49 0.54
Support : 0.34 0.37
RSI of 63
RSI is rebounding
STOCHASTIC
It is on an up swing
TREND INDICATOR
Up
Comment
Following the consolidation breakout, it is heading higher to 0.49
Trading Strategy
Buy. Stop loss is at 0.34