Thursday, 9 Feb 2012 PERISAI – Stock Pick

PERISAI ( 0047 : 0.85 ) : Targeting 0.96
Description
Oil & Gas services
Resistance : 0.96
Support : 0.80
RSI of 70
RSI is likely to stay overbought for a while longer
STOCHASTIC
It remains firm
TREND INDICATOR
Sideways
Comment
The current upward push is likely to hit 0.96
Trading Strategy
Buy. Stop loss is at 0.80

Disclaimer
This report is provided for information purposes only.