Friday, 25 May 2012 CBIP – Stock Pick
CBIP ( 7076 : 2.54 ) : Targeting 2.80/Stop loss 2.44
Description
Agricultural machinery
Resistance : 2.80
Support : 2.44
RSI of 39
RSI has stabilised
STOCHASTIC
It is oversold
Comment
The current technical rebound is targeting the price gap of 2.80
Trading Strategy
Buy. Stop loss is at 2.44
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.
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