Friday, 3 Feb 2012 EVERGRN – Stock Pick

EVERGRN ( 5101 : 1.07 ) : Limited upside
Description
Resistance : 1.10 – 1.17
Support : 0.96
RSI of 73
RSI is in the process of turning downwards, from its overbought level
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
The recent uprun may have topped out at 1.10, with a further resistance at 1.17, as technicals are
overbought
Trading Strategy
Take profit

Disclaimer
This report is provided for information purposes only.