Friday, 18 May 2012 GENM – Stock Pick

Friday, 18 May 2012 GENM – Stock Pick



GENM ( 4715 : 3.58 ) : Targeting 3.93/Stop loss 3.50

Description

Resistance : 3.93

Support : 3.50

RSI of 31
RSI is on a small spike up

STOCHASTIC
It is oversold

Comment
With oversold technicals, a technical rebound to target 3.93 is likely

Trading Strategy
Buy. Stop loss is at 3.50

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.