Wednesday, 29 Aug 2012 PWROOT – Stock Pick

Wednesday, 29 Aug 2012 PWROOT – Stock Pick



PWROOT ( 7237 : 1.02 ) : Targeting 1.22/Stop loss 0.98

Description

Resistance : 1.22

Support : 0.98

RSI of 84
RSI is overbought

STOCHASTIC
It is riding on an upswing

Comment
Following the consolidation breakout, it is heading for 1.22. A tight stop loss should be placed at 0.98

Trading Strategy
Buy. Stop loss is at 0.98

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.