Friday, 18 May 2012 BIMB – Stock Pick

Friday, 18 May 2012 BIMB – Stock Pick



BIMB ( 5258 : 2.45 ) : Targeting 2.70/Stop loss 2.34

Description

Resistance : 2.70

Support : 2.34

RSI of 46
RSI is recovering

STOCHASTIC
It is on a small buy signal

Comment
With oversold technicals, a technical rebound to target 2.70 is likely

Trading Strategy
Buy. Stop loss is at 2.34

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.