Wednesday, 18 April 2012 CENS – Stock Pick

CENSOF ( 5195 : 0.42 ) : Targeting 0.47/stop loss 0.40

Description

Application softwares

Resistance : 0.47

Support : 0.41

RSI of 42
RSI has stabilised

STOCHASTIC
It is recovering from its oversold level

TREND INDICATOR
Comment
It is in for a range bound trading. As the current level is on the lower boundary of the range, it is expected to
bounce back to the upper range of 0.47


Trading Strategy
Buy. Stop loss is at 0.40


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.