Tuesday, 19 June 2012 MALTON – Stock Pick

Tuesday, 19 June 2012 MALTON – Stock Pick



MALTON ( 6181 : 0.57 ) : Targeting 0.65/Stop loss 0.55

Description

Resistance : 0.65

Support : 0.55

RSI of 75
RSI is overbought

STOCHASTIC
It is on an upswing

Comment
The current upkick is heading for the 61.8% retracement of 0.65

Trading Strategy
Buy. Stop loss is at 0.55

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.