Wednesday, 29 Aug 2012 NAGAMAS – Stock Pick

Wednesday, 29 Aug 2012 NAGAMAS – Stock Pick



NAGAMAS ( 8923 : 0.41 ) : Targeting 0.55/Stop loss 0.39

Description

Resistance : 0.55

Support : 0.39

RSI of 60
RSI is on the rise

STOCHASTIC
It is riding on an upswing

Comment
Following the consolidation breakout, it is heading for 0.55. A tight stop loss should be placed at 0.39

Trading Strategy
Buy. Stop loss is at 0.39

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.