Friday, 10 Aug 2012 GENM – Stock Pick

Friday, 10 Aug 2012 GENM – Stock Pick



GENM ( 4715 : 3.30 ) : Targeting 3.60/Stop loss 3.15

Description

Resistance : 3.60 3.72

Support : 3.15

RSI of 37
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 3.15

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.