Monday, 4 June 2012 BURSA – Stock Pick

Monday, 4 June 2012 BURSA – Stock Pick



BURSA ( 1818 : 6.05 ) : Targeting 6.40/Stop loss 5.85

Description

Resistance : 6.40 6.60

Support : 5.85

RSI of 28
RSI is on a positive divergence

STOCHASTIC
It is overbought

Comment
With oversold technicals, it is heading higher to 6.40, then 6.60

Trading Strategy
Buy. Stop loss is at 5.85

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.