Wednesday, 18 July 2012 PRESBHD – Stock Pick

Wednesday, 18 July 2012 PRESBHD – Stock Pick



PRESBHD ( 5204 : 1.35 ) : Targeting 1.50/Stop loss 1.30


Description

Resistance : 1.50

Support : 1.31

RSI of 73
RSI is overbought

STOCHASTIC
It is on an upswing

Comment
Following the consolidation breakout, it is heading for 1.50

Trading Strategy
Buy. Stop loss is at 1.30


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.