Monday, 3 Sep 2012 HOVID – Stock Pick

Monday, 3 Sep 2012 HOVID – Stock Pick



HOVID ( 7213 : 0.21 ) : Targeting 0.25/Stop loss 0.19

Description

Resistance : 0.25

Support : 0.19

RSI of 51
RSI is recovering

STOCHASTIC
It is approaching oversold

Comment
The recent sell down may have bottomed out at the Double bottom of 0.20, indicating a likely technical
rebound to 0.25

Trading Strategy
Buy. Stop loss is at 0.19

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.