Wednesday, 18 Jan 2012 PARKSON – Stock Pick

PARKSON ( 5657 : 5.60 ) : Targeting 5.90
Description
Resistance : 5.90 6.15
Support : 5.52
RSI of 52
RSI is neutral
STOCHASTIC
It is neutral
TREND INDICATOR
Sideways
Comment
While it has stabilized, it is likely to be heading upwards to target 5.90, and possibly 6.15
Trading Strategy
Buy. Stop loss is at 5.52


Disclaimer
This report is provided for information purposes only.