Tuesday, 22 May 2012 PERDANA – Stock Pick

Tuesday, 22 May 2012 PERDANA – Stock Pick



PERDANA ( 7108 : 0.50 ) : Targeting 0.58/Stop loss 0.47

Description

Resistance : 0.58 0.64

Support : 0.47 0.49

RSI of 16
RSI is oversold

STOCHASTIC
It is oversold

Comment
With oversold technicals, it is due for a technical rebound to 0.58

Trading Strategy
Buy. Stop loss is 0.47

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.