Wednesday, 2 May 2012 CRESBLD – Stock Pick

CRESBLD ( 8591 : 0.87 ) : Targeting 1.01/Stop loss 0.81

Description

Home builder

Resistance : 0.92 1.01

Support : 0.81

RSI of 68
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
Following the consolidation breakout yesterday, it is targeting 0.92, then 1.01.

Trading Strategy
Buy. Stop loss 0.81


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.