Friday, 7 Sep 2012 GENM – Stock Pick
GENM ( 4715 : 3.52 ) : Take profit
Description
Resistance : 3.60
Support : 3.40
RSI of 55
RSI is neutral
STOCHASTIC
It is overbought, and turning downwards
Comment
On the buy call of 10/8/2012 at 3.30, we are recommending to take profit at 3.53, as technicals are
approaching overbought indicating a pullback
Trading Strategy
Take profit
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.
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