Tuesday, 31 Jan 2012 TA – Stock Pick

TA ( 4898 : 0.61 ) : Consolidation breakout
Description
Resistance : 0.72
Support : 0.59
RSI of 66
RSI is on the rise
STOCHASTIC
It is on an upswing
TREND INDICATOR
Up
Comment
Following the consolidation breakout yesterday, it is heading for the 61.8% retracement of 0.72
Trading Strategy
Buy. Stop loss is at 0.59

Disclaimer
This report is provided for information purposes only.