Friday, 10 Aug 2012 CSL – Stock Pick

Friday, 10 Aug 2012 CSL – Stock Pick



CSL ( 5214 : 1.02 ) : Targeting 1.22/Stop loss 0.94

Description

Resistance : 1.22

Support : 0.94

RSI of 32
RSI is on a buy divergence

STOCHASTIC
It is oversold

Comment
The recent correction is nearing its end, indicating that it is due for a technical rebound on the RSI positive
divergence

Trading Strategy
Buy. Stop loss is at 0.94

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.