Thursday, 26 April 2012 PERDANA – Stock Pick

PERDANA ( 7108 : 0.60 ) : Targeting 0.72/Stop loss 0.58

Description

Oil and Gas

Resistance : 0.72

Support : 0.58

RSI of 40
RSI is in a buy divergence

STOCHASTIC
It has started to recover

TREND INDICATOR
Comment
A technical rebound is due, targeting 0.72


Trading Strategy
Buy. Stop loss is at 0.58


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.