Tuesday, 22 May 2012 PERWAJA – Stock Pick

Tuesday, 22 May 2012 PERWAJA – Stock Pick



PERWAJA ( 5146 : 0.575 ) : Targeting 0.69/Stop loss 0.52

Description

Resistance : 0.69

Support : 0.54

RSI of 25
RSI is oversold, and on a positive divergence

STOCHASTIC
It is oversold

Comment
With oversold technicals, it is due for a rebound to 0.69

Trading Strategy
Buy. Stop loss is at 0.52

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.