Friday, 24 Aug 2012 ILB – Stock Pick

Friday, 24 Aug 2012 ILB – Stock Pick



ILB ( 5614 : 0.94 ) : Targeting 1.05/Stop loss 0.90

Description

Resistance : 1.05

Support : 0.90

RSI of 65
RSI remains firm

STOCHASTIC
It is on an upswing

Comment
The current recovery is heading for 1.05. A tight stop loss should be placed at 0.90

Trading Strategy
Buy. Stop loss is at 0.90

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.