Wednesday, 18 July 2012 WEIDA – Stock Pick

Wednesday, 18 July 2012 WEIDA – Stock Pick




WEIDA ( 7111 : 1.42 ) : Take profit
Description

Resistance : 1.49


Support : 1.29

RSI of 77
RSI is overbought

STOCHASTIC
It is overbought

Comment
On the 16/7/2012 buy call at 1.26, we are recommending to take profit as it overbought and hit our target of
1.44

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.