Friday, 13 July 2012 NYLEX – Stock Pick

Friday, 13 July 2012 NYLEX – Stock Pick



NYLEX ( 4944 : 0.59 ) : Targeting 0.74/Stop loss 0.53

Description

Resistance : 0.70 0.74

Support : 0.53

RSI of 63
RSI is on the rise

STOCHASTIC
It is slightly overbought

Comment
The upkick yesterday, is heading for 0.74

Trading Strategy
Buy. Stop loss is at 0.53

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.