Tuesday, 21 Feb 2012 PCHEM – Stock Pick

PCHEM ( 5183 : 6.92 ) : Stop loss 6.86
Description
Resistance : 7.33
Support : 6.86
RSI of 70
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Down
Comment
While the current up trend is eyeing 7.33, a tight stop loss should be placed at 6.86
Trading Strategy
Buy. Stop loss is at 6.86

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.