Friday, 22 June 2012 PARAMON – Stock Pick

Friday, 22 June 2012 PARAMON – Stock Pick



PARAMON ( 1724 : 1.78 ) : Targeting 2.00/Stop loss 1.70

Resistance : 1.90 2.00

Support : 1.70

RSI of 74
RSI is on the rise

STOCHASTIC
It is on an upswing

Comment
Following the consolidation breakout yesterday, it is heading for the 61.8% retracement of 2.00

Trading Strategy
Buy. Stop loss is at 1.70

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.