Thursday, 2 Feb 2012 DRBHCOM – Stock Pick

DRBHCOM ( 1619 : 2.83 ) : Targeting 3.00-3.10
Description
Resistance : 3.00 - 3.10
Support : 2.60 2.67
RSI of 84
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
Following the past days of sharp run up, a small pullback, with support at 2.67, is likely. Overall, it is still
heading to test the overhead resistance of 3.00-3.10
Trading Strategy
Buy. Stop loss is at 2.60

Disclaimer
This report is provided for information purposes only.