Wednesday, 20 June 2012 L and G – Stock Pick

Wednesday, 20 June 2012 L & G – Stock Pick



L&G ( 3174 : 0.39 ) : Take profit

Description

Resistance : 0.40

Support : 0.35

RSI of 70
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 1/6/2012 buy at 0.34, we are recommending to take profit as it has hit our target of 0.39. It is also
approaching overbought indicating a limited upside

Trading Strategy
Take profit

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.