Tuesday, 21 Feb 2012 DAYANG – Stock Pick

DAYANG ( 5141 : 2.08 ) : Consolidation breakout
Description
Oil and Gas
Resistance : 2.34 2.46
Support : 1.96
RSI of 78
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
Following the consolidation breakout, it is targeting 2.34. A tight stop loss should be placed at 1.96
Trading Strategy
Buy. Stop loss is at 1.96

Disclaimer
This report is provided for information purposes only. It is not a complete analysis of every material fact respecting any company, industry, security or investment. Opinions expressed are subject to change without
notice.