Tuesday, 24 April 2012 PCHEM – Stock Pick

PCHEM ( 5183 : 6.60 ) : Double bottom

Description

Resistance : 6.90

Support : 6.34 6.54

RSI of 38
RSI is stabilising

STOCHASTIC
It is oversold

TREND INDICATOR
Comment
It appears to have found support at the Double bottom of 6.56


Trading Strategy
Buy. Stop loss 6.54


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.