Friday, 1 June 2012 COASTAL – Stock Pick

Friday, 1 June 2012 COASTAL – Stock Pick



COASTAL ( 5071 : 1.76 ) : Targeting 2.00/Stop loss 1.62

Description

Resistance : 2.00

Support : 1.69

RSI of 29
RSI is oversold

STOCHASTIC
It is oversold

Comment
The current oversold situation, points to an overdue technical rebound

Trading Strategy
Buy. Stop loss is at 1.62

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.