Thursday, 26 April 2012 3A – Stock Pick

3A ( 0012 : 1.27 ) : Take profit

Description

Resistance : 1.33

Support : 1.20 1.24

RSI of 59
RSI is overbought

STOCHASTIC
It is overbought

TREND INDICATOR
Comment
On our buy recommendation of 23/4/2012, it has hit the target of 1.32. As the upside is capped at 1.35
yesterday due to profit taking, it is likely to stage a pullback


Trading Strategy
Take profit


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.