Friday, 10 Feb 2012 AXIATA – Stock Pick

AXIATA ( 6888 : 4.90 ) : Stop loss 4.70
Description
Resistance : 5.50
Support : 4.70
RSI of 52
RSI is recovering
STOCHASTIC
It is rebounding
TREND INDICATOR
Up
Comment
While it could target 5.50, a tight stop loss should be placed at 4.70
Trading Strategy
Buy. Stop loss is at 4.70

Disclaimer
This report is provided for information purposes only.