Wednesday, 15 Feb 2012 KSTAR – Stock Pick

KSTAR ( 5172 : 0.31 ) : Consolidation breakout
Description
Resistance : 0.41
Support : 0.29
RSI of 72
RSI is overbought
STOCHASTIC
It is overbought
TREND INDICATOR
Up
Comment
Following the consolidation breakout, it is heading higher to 0.41. A tight stop loss should be placed at 0.29
Trading Strategy
Buy. Stop loss is at 0.29

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.